China releases stockpiled pork to cool price surge
(WorldNews China)

BEIJING (AP) - China`s government is releasing pork from stockpiles to help cool surging prices ahead of Oct. 1 celebrations of the Communist Party`s 70th anniversary in power. The price of pork, China`s staple meat, has soared almost 50% from a year ago due to a devastating outbreak of African swine fever that killed or prompted authorities to destroy pigs. That has pushed up global pork prices as importers buy foreign supplies. A government agency that manages the stockpile of frozen pork said Wednesday...