China Cracks Down on Waste to Ensure Food Security
Chan Kung, founder and chairman of ANBOUND, was invited by Christian Shepherd, Beijing correspondent of The Financial Times to conduct an in-depth discussion about food security in China and looking at how the issue's priority has been underscored by recent floods and the pandemic.
In recent months, a primary worry has been ensuring a steady pork supply. But efforts to rebuild hog herds after mass culling from an outbreak of African swine fever have been repeatedly set back by the flooding across southern China. Food prices soared 13 per cent in July compared with a year earlier, largely driven by an 86 per cent rise in pork prices. "Everyone is concerned about the human epidemic, not the pig one, but in reality the problem with [swine fever] is still ongoing," said Chan Kung, founder of Anbound Research Centre, a think-tank. "Right now the livestock markets are overall not very stable."