Consumers are seen buying pork at a market in Beijing on May 5. Prices have eased since the Lunar New Year amid rising supply from local and import sources. Photo: Kyodo
Consumers are seen buying pork at a market in Beijing on May 5. Prices have eased since the Lunar New Year amid rising supply from local and import sources. Photo: Kyodo
Business /  Companies

China’s billionaire farmer sees a tipping point in sky-high hog prices as herd recovers from African swine fever’s decimation

  • Muyuan has set a target to almost double its output to as many as 20 million hogs this year to help ease supply crunch
  • Chairman Qin is building on his US$17 billion fortune after stock rallies 209 per cent over the past year

Yujing LiuPearl Liu
Yujing Liu and Pearl Liu

Updated: 10:52pm, 28 May, 2020

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Consumers are seen buying pork at a market in Beijing on May 5. Prices have eased since the Lunar New Year amid rising supply from local and import sources. Photo: Kyodo
Consumers are seen buying pork at a market in Beijing on May 5. Prices have eased since the Lunar New Year amid rising supply from local and import sources. Photo: Kyodo
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