Pork prices in China rose 46.7 per cent in August compared to a year earlier. Photo: Simon SongPork prices in China rose 46.7 per cent in August compared to a year earlier. Photo: Simon Song
Pork prices in China rose 46.7 per cent in August compared to a year earlier. Photo: Simon Song

China’s central bank to stick to its guns by lowering interest rates despite soaring pork price, analysts say

  • The People’s Bank of China is under pressure to provide liquidity to support growth with the US Federal Reserve and European Central Bank also planning changes
  • China’s headline-grabbing pork price surge has yet to translate into broad-based inflation

Topic |   China economy
Pork prices in China rose 46.7 per cent in August compared to a year earlier. Photo: Simon SongPork prices in China rose 46.7 per cent in August compared to a year earlier. Photo: Simon Song
Pork prices in China rose 46.7 per cent in August compared to a year earlier. Photo: Simon Song
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