Chinese property developers are choosing to buy more flour. Prices for land, the main ingredient of the property world, have hit record highs in auctions this year in many Chinese cities. The average land price per square meter for the top 100 cities in the first five months of this year jumped nearly 50% from same period last year, according to Wind... If the cost of flour is higher than the price of bread, what should a baker do?

Source: Wall Street Journal June 20, 2016 01:07 UTC