China 'backyard' pig farmers squeezed as sector scales up
Beijing
WALKING through swarms of flies at his piggery on the outskirts of Beijing, Liu Jin shows off 1,500 hormone-free black hogs raised for China's growing organic meat market.
Mr Liu employs a dozen people to look after the swine that are kept in indoor sties and outdoor pens - the type of large-scale operation China hopes will one day replace the millions of "backyard" farms across the country. "Even ordinary people care a lot about whether their food has hormones," said Mr Liu, describing his pigs as "green".
About 90 per cent of C…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Sony deal for Paramount would draw added regulatory scrutiny
Lululemon to shutter Washington distribution center, lay off 128 employees
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
P&G raises annual core profit forecast on resilient demand, price hikes
Cordlife calls for trading halt after shares sink to all-time low, pending announcement
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom