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China to release some pork reserves to fight inflation-media

China will release some of its pork reserves onto the market at an "appropriate time" to help stabilise prices of the country's staple meat, an important driver of inflation, state media reported on Saturday.

Thursday 21 July 2011 (7 years 1 months ago)
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China will release some of its pork reserves onto the market at an "appropriate time" to help stabilise prices of the country's staple meat, an important driver of inflation, state media reported on Saturday.

China will also gradually build up its central pork reserves, Commerce Ministry spokesman Yao Jian told a news briefing on Friday, according to the Securities Times. Reserves stand at 200,000 tonnes, other state-run newspapers said.

Asia One/Singapore.
http://news.asiaone.com

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