Tuesday, September 25, 2007

Dipping into the emergency bacon

Lately, China has been in the grip of a chronic pork shortage, brought on by increases in consumption as well as outbreaks of pig disease around the country. This has contributed to China's already significant inflation issues (sitting at around 6.5% as of August).

The government, acting in an attempt to curb some of this inflaton, did what any responsible government would do - they dipped into their strategic pig reserve.

...

China has a strategic pig reserve.

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