Swine fever outbreak sends shockwave through Chinese economy [Toronto Globe and Mail (Ontario, Canada)]
China Southern Airlines Company Limited (ZNH)
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Source: Toronto Globe and Mail
Open this photo in gallery In this photo taken Friday, Aug. 31, 2018, pigs are seen in a hog pen in a village in Linquan county in central China's Anhui province. The Canadian Press Chinese pig farmers, already reeling from rising feed costs in Beijing’s tariff fight with U.S. President Donald Trump, face a new blow from an outbreak of African swine fever that has sent an economic shockwave through the countryside. First detected in August, the disease has killed 1 million pigs, prompting authorities to restrict shipments of most of China’s 700 million swine, even though nearly all are still healthy. That has disrupted supplies of pork, China’s staple meat, to big cities while prices collapsed in areas with an oversupply of pigs that farmers are barred from shipping to other provinces. “I can only manage to break even at the current price,” said a breeder on the outskirts of Shenyang, northeast of Beijing, where the first case was repor
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