In the News
Spare ribs? China to tap pork reserves as swine fever hits industry
Graham Watson
19th September 2019
Here is a niche but really interesting example of government intervention in markets. The Chinese government is releasing stocks from its pork reserve to keep pork prices down. You should be able to draw the demand and supply implications of this, and it's worth reflecting upon whether or not this is an appropriate form of intervention beyond the immediate period.
China to tap pork reserves as swine fever hits industry https://t.co/rBdIskF4RI
— BBC Business (@BBCBusiness) September 19, 2019
China's pork crisis has gotten so bad that some of its cities are starting to tap into their precious strategic reserves of frozen pig meat. https://t.co/ThGhU72A8f
— CNN Philippines (@cnnphilippines) September 13, 2019
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