A 26% plunge in pork prices due to oversupply has pushed the Chinese economy into deflation

A 26% plunge in pork prices due to oversupply has pushed the Chinese economy into deflation

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Hogs are raised at Old Elm Farms, a fifth generation family farm, on May 5, 2020 near Sycamore, Illinois. (Photo by Scott Olson/Getty Images China's economic woes continue to mount, as CPI figures released Wednesday showing 0.3% deflation. Pork prices are a significant driver of the consumer price…

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