Chinese pork producers on a tear amid coronavirus outbreak

Surging prices bring windfall for companies but headaches for Beijing

20200313 Pig Farming China 2

Disruptions in logistics and transportation due to the coronavirus have slashed China's live hog supply and pushed up consumer prices drastically. © Reuters

KENJI KAWASE, Nikkei Asian Review chief business news correspondent

TOKYO -- The coronavirus outbreak that has battered Chinese business has left one surprising winner standing: pork producers.

Companies like Muyuan Foods are seeing a record jump in revenue despite low production volumes thanks to a surge in prices owing to the deadly outbreak. But this is fermenting the risk of inflation just as the economy heads south, leaving Beijing with a dilemma on its hands.

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