Across China, pork prices have doubled since July, reaching record highs of 30 yuan (US$4.20) to 33 yuan per kilogram, surpassing analyst expectations. Photo: Reuters

China’s pork prices starting to ‘scare’ consumers as discontent soars

  • Across China, prices have doubled since July, reaching record highs of 30 to 33 yuan per kilogram, surpassing analyst expectations
  • Beijing has implemented policies to offset increases but it is expected to take years to restore stocks after African swine fever outbreak led to 1 million pigs being culled
Topic |   China economy

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Across China, pork prices have doubled since July, reaching record highs of 30 yuan (US$4.20) to 33 yuan per kilogram, surpassing analyst expectations. Photo: Reuters
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.

Kathleen Magramo

Kathleen Magramo

Kathleen is a Graduate Trainee reporter at The Post. She joined the team in 2019 after graduating with a degree in politics and journalism at the University of Hong Kong. Previously, she was an intern at Asian Private Banker, covering fintech and private banking. As a Filipino who grew up in Hong Kong, she speaks Cantonese, Mandarin and Tagalog.