CHINA is on a global meat-buying spree, pushing up beef, pork and poultry prices around the globe as the world’s most populous nation scrambles to fill a large void in its meat supply.
Meat buyers for China are ramping up purchases after a swine disease hit hog farms across the country and reduced its pig herd—the world’s largest—by more than a third. Domestic pork prices have surged and China’s meat imports are swelling in response, straining global supplies and sending ripples across the global economy.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!