China to release more meat from state reserves as holidays near
Dec 31 (Reuters) - China will release more meat from state reserves to boost supply, commerce ministry spokesman Gao Feng told a regular news briefing on Thursday, readying for a jump in consumption over the approaching Lunar New Year holiday.
The world’s biggest pork consumer has been selling tens of thousands of tonnes of the frozen meat from its reserves this month, to rein in rising prices ahead of the mid-February holiday in 2021. (Reporting by Jing Xu and Tom Daly. Editing by Clarence Fernandez.)
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