Chinese food is more expensive than meat

Published 2021년 10월 27일

Tridge summary

China is experiencing a significant inflation in the cost of vegetables due to supply chain issues and adverse weather conditions, while the price of pork has plummeted, leading to financial losses for pig farmers. The surge in vegetable prices, with some doubling or tripling, is attributed to high planting and transportation costs, reduced supply, and heavy rainfall affecting production areas. In contrast, the drop in pork prices is due to increased breeding sow numbers, resulting in a surplus of live pigs. The fall in pork prices is expected to persist until the first half of 2022, posing a threat to pig farming companies, especially small-scale operations.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Epoch Times October 27, 2021] (Reported by Hong Kong Epoch Times reporters Winnie and Wang Jiayi) The price of many vegetables in China has doubled or even several times, but the prices of live pigs and pork have plummeted, and raising a pig loses 500 yuan (About US$75). Chinese people ridicule, "The poor can only eat meat!" Affected by the epidemic, consumers around the world are suffering from inflationary pressures brought about by blocked supply chains, but the pressure on Chinese consumers is particularly severe, especially when the supply of vegetables is tight, and prices have soared. Ms. Zhang, a resident of Zhengzhou City, Henan Province, told The Epoch Times that vegetables have risen too much recently. Lettuce, Chinese cabbage, and small rapeseed are all more than 3 yuan (about 45 cents) per catty. Originally it was only more than 1 yuan. 3 times the price. Spinach is the most expensive. It used to be more than 6 yuan per catty, but now it has risen to 8 or 9 yuan. ...

Source: Epochtimes