Topic
TOPIC
African swine fever was first detected in China in August 2018, near its border with Russia, eventually spread to all 31 mainland provinces, municipalities and autonomous regions in less than nine months. This led to a mass culling of livestock that surpassed 100 million pigs and a significant jump in the price of pork, close to a 50 per cent increase in some cases. The trade war with the United States limited replacement options from the American agriculture industry due to higher tariffs. In 2018, China consumed about half of the world’s pork but more than 95 per cent was sourced from domestic supplies.
- China’s 2020 pork output fell by just 3.3 per cent from a year earlier to 41.13 million tonnes after plunging by 21 per cent in 2019
- China’s stock had fallen by an estimated 60 per cent by mid-2019 after African swine fever hit China in mid-2018
China’s official consumer price index (CPI) rose to 0.2 per cent in December from a year earlier – up from minus 0.5 per cent in November.
China’s official consumer price index (CPI) rose to 0.2 per cent in December from a year earlier – up from minus 0.5 per cent in November.
The launch is a culmination of two decades of planning, a milestone for the industry that influences a large component of the nation’s consumer-price index. Futures on three forward delivery dates slumped on debut.
The launch is a culmination of two decades of planning, a milestone for the industry that influences a large component of the nation’s consumer-price index. Futures on three forward delivery dates slumped on debut.
China’s consumer spending turned negative for the first time in 11 years in November, raising the risk of further mild deflation in the world’s No 2 economy.
China’s consumer spending turned negative for the first time in 11 years in November, raising the risk of further mild deflation in the world’s No 2 economy.
China needs to feed 1.4 billion people, but recently African swine fever, the coronavirus and natural disasters have raised questions about its food security.
China needs to feed 1.4 billion people, but recently African swine fever, the coronavirus and natural disasters have raised questions about its food security.
Most analysts expect China’s headline consumer inflation rate to turn negative for the next several months, and all signs point to the pigs.
Most analysts expect China’s headline consumer inflation rate to turn negative for the next several months, and all signs point to the pigs.
China’s inflation is most often measured by the consumer price index (CPI), which tracks the prices people pay for a series of goods and services.
China’s inflation is most often measured by the consumer price index (CPI), which tracks the prices people pay for a series of goods and services.
China’s official consumer price index (CPI) rose just 0.5 per cent in October from a year earlier, while the producer price index (PPI) rose 2.1 per cent last month.
China’s official consumer price index (CPI) rose just 0.5 per cent in October from a year earlier, while the producer price index (PPI) rose 2.1 per cent last month.
Amid a continued drop in price pressures in the current economic recovery, some economists have warned of rising risks of deflation unless Beijing maintains a sufficiently loose monetary policy to boost demand.
Amid a continued drop in price pressures in the current economic recovery, some economists have warned of rising risks of deflation unless Beijing maintains a sufficiently loose monetary policy to boost demand.
China’s official consumer price index (CPI) rose 1.7 per cent in September from a year earlier, while the producer price index (PPI) shrank 2.1 per cent in September compared to a year earlier.
China’s official consumer price index (CPI) rose 1.7 per cent in September from a year earlier, while the producer price index (PPI) shrank 2.1 per cent in September compared to a year earlier.
China’s pig population was first devastated by the African swine fever last year before being hit again by the coronavirus pandemic, sending pork prices soaring.
China’s pig population was first devastated by the African swine fever last year before being hit again by the coronavirus pandemic, sending pork prices soaring.