China Is on a Diet, but Food Shares Look Tasty

“Food comes first for the people,” according to an ancient Chinese proverb. Rising food prices in the world’s most populous nation are again under the spotlight.

Chinese President urged citizens last week to put an end to the country’s “shocking and distressing” food-waste problem, including through legislation. Many have promptly heeded their leader’s call: Restaurants started to offer smaller portions while binge-eating videos were removed from online platforms. While Mr. Xi railed against lavish banquets in “Operation…

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