China buys more pork for reserves to lift prices

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China has bought another 40,000 tons of frozen pork for its state reserves to lift pork prices, the National Development and Reform Commission said. It bought 40,000 tons in February and 38,000 tons in March. China produced nearly 53mt of pork in 2021, but farmers have been posting significant losse...

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Ha Thu
Correspondent based in Ho Chi Minh City, Vietnam.