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Caixin Global
Caixin Global

Business Brief (May 20): China’s Moonshot AI Secures State-Backed Funding

Agriculture ministry moves to stabilize pork prices

China’s agriculture ministry moved to implement a revised hog-production capacity plan aimed at stabilizing pork prices, as authorities seek to prevent oversupply. The ministry urged local governments to tighten controls on new production capacity and support differentiated development among small and midsize farms.

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