Chinese state media urges retribution after UBS economist's 'insult'

FILE PHOTO: A Chinese flag flutters in front of the Great Hall of the People in Beijing, China, May 27, 2019. REUTERS/Jason Lee

BEIJING (Reuters) - Those who insult Chinese people should pay the price in order to deter would-be offenders from following suit, Chinese state media said in a sharply worded commentary, after remarks by a UBS economist about pigs sparked an outcry in China.

Paul Donovan, global chief economist of UBS's wealth management business, said in a podcast on Wednesday that consumer prices in China had risen after an outbreak of African swine fever killed a vast number of pigs and cut pork supplies.