Tuesday, July 19, 2011

China's pork reserves

Via my friend Ben

http://www.nytimes.com/2011/07/16/world/asia/16china.html?ref=dining

Pork reserves. What a curious concept. Not even real ones, I guess, because it's not an actual freezer full of pork, it's a payment made to farmers to keep their herds at a certain level. And apparently unleashing these reserves will barely made a difference. The whole thing is very odd.

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