In the News
Chinese government rations pork and sets maximum prices
There's an ongoing problem in Chinese agriculture - African swine fever has decimated the country.
There are concerns that it could wipe out 20% of Chinese pigs. As a result, the price has risen to the extent that the government has intervened to establish maximum prices and ration pork purchases by consumers.
It's an example of government intervention on a massive scale, with the government also looking to supplement supply by releasing frozen pork from its pork reserves.