China to keep inflation target around 3 per cent in 2020 despite surge in pork prices, sources say

• China’s consumer price inflation (CPI) rose to a near eight-year high of 4.5 per cent in November, as pork prices doubled due to the outbreak of African swine fever
• The 2020 target will be officially unveiled in early March having been endorsed by top leaders at the annual closed-door Central Economic Work Conference last month