China battles 'porkflation' as price of popular meat soars

Staple's cost jumps over 50% since May on supply squeeze, demand recovery

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A butcher cuts a piece of pork at a market in Beijing. © Reuters

CK TAN, Nikkei staff writer

SHANGHAI -- China's pork prices surged again in August, as the government dips into national reserves to stabilize costs and ensure supply in the world's biggest consuming nation of the meat.

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