China raises about half the world’s pigs, and the spread of African swine fever is causing huge disruption to the supply of pork in the country. “A new hog cycle has started, and this round could be more long-lasting and much stronger, given the outbreak of African swine fever,” Lu Ting, chief China economist at Nomura, wrote in a research note. China has reported more than 100 cases of swine fever to date – from remote areas in the far western Xinjiang region to the southern province of Guangdong that borders Hong Kong. With a reduced pork supply at home, China has had to buy more from overseas. More from South China Morning Post:For the latest news from the South China Morning Post download our mobile app.

Source: The Star April 22, 2019 04:52 UTC