BEIJING China's hog production capacity should bottom out this year after outbreaks of African swine fever decimated the world's biggest pig herd, an official said on Thursday, forecasting a return to usual pig numbers in 2020.
BEIJING China's record pork prices are set to rise faster in coming weeks, said analysts on Tuesday, even as official data showed that the nation's most popular meat has already pushed consumer inflation to a six-year high.
BEIJING China's steel sector fragmentation is worsening, an industry official said on Tuesday, citing unplanned new capacity at small mills undermining government efforts to restructure and merge companies in the huge industry.
BEIJING China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles.
* C.P. to build new farms to raise 10 mln pigs a year by
QINGDAO, China C.P. Pokphand Co , one of China's top five pig producers, is speeding up expansion of its business, said the company's chief executive, after a year-long outbreak of disease devastated an industry worth $140 billion (112.6 billion pounds)last year.
BEIJING/BUENOS AIRES China's customs office said on Thursday it had granted export licenses to some Argentine meat-processing plants, as the Asian country looks to plug a supply gap after an African swine fever outbreak decimated China's pig herds.
BUENOS AIRES/BEIJING Cattle ranchers in Argentina, which recently edged out neighbour Brazil as the top exporter of beef to China, are hoping to build on that status by getting more local meatpacking plants approved by Beijing, industry officials and other sources told Reuters.
BEIJING China's state planner said on Monday it will issue subsidies of up to 5 million yuan ($700,000) to support the construction of large-scale pig farms in the latest measure to promote pig farming after a devastating disease ravaged the hog herd.
* Subsidies of up to $700,000 on offer for new or expanded