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Economy

Chinese pork prices risk 70% surge as African swine fever rages

Tighter supplies of staple meat deal new economic blow amid trade row with US

DALIAN, China -- An outbreak of African swine fever is tearing through China's pig stocks, and there is no end in sight. With concerns over pork supplies mounting, soaring meat prices could deal a fresh blow to China's economy as trade tensions with the U.S. continue.

Zhang Jian, a pig farmer in his 60s in the northeastern city of Dalian, was forced to cull all of his 1,700 or so pigs in December last year after the African swine fever virus was detected in several animals on his hog farm.

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