DALIAN, China -- The country's top pork producers plan to invest billions of dollars into doubling output to stabilize supply as African swine fever has decimated China's hog population, a move that will further cement their leading positions in the market.
The producers' expansion push has the support of Beijing, which is eager to nurture big hog producers to prevent market volatility that wreaks havoc on a country that eats half of the world's pork output.
