Chinese grain unaffected by earthquake

The China Grain Reserves Corp. said no losses or
casualties were reported at its sites in Sichuan and Gansu provinces or
Chongqing, the state-run Xinhua news agency reported. An afternoon quake
measuring 7.9 on the open-ended Richter scale struck in Wenchuan County, leaving
upwards of 15,000 dead and tens of thousands injured, buried or
missing.

China Grain said some of its warehouses suffered damage,
including beam and wall cracks. Premier Wen Jiabao said earlier this year China
had as much as 200 million tons of grain in its reserves. Beijing ordered
reserves distributed in quake-hit areas and directed local governments to keep
an eye out for price-gouging.

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