BEIJING :China's meat imports in 2021 fell 5.4per cent from the year before, customs data showed on Friday, as a surge in the domestic supply of pork reduced demand for overseas supplies.
But the surge in supply comes amid weak demand for pork, as less people dine out due to a series of COVID-19 outbreaks. "Last year was tough because of the lower prices and logistics," said a leading pork and poultry exporter who declined to be identified.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China 2021 meat imports fall 5.4per cent to 9.38 million tonnes - customsBEIJING : China's meat imports in 2021 fell 5.4per cent from the year before, customs data showed on Friday, as a surge in the domestic supply of pork reduced demand for overseas supplies.China brought in 9.38 million tonnes of meat last year, said the General Administration of Customs, down from 9.91 mil
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China 2021 iron ore imports retreat from record on steel curbsBEIJING : China's iron ore imports dropped in 2021, down 4.3per cent from the previous year's record annual high, as steel production curbs imposed to combat pollution dented demand and pulled prices of the key steelmaking material off historical highs. The world's top iron ore consumer brought in 1.12 bi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asian bonds see a surge in foreign inflows in Dec 2021Emerging Asian bonds ex-China attracted the biggest monthly foreign inflow in over four months in December, shrugging off worries over the Federal Reserve's tightening of its monetary policy as businesses showed higher productivity.Overseas investors purchased a combined net total of US$4.72 billion in So
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Equities hedge funds outperform in 2021 despite volatility and retail surgeTORONTO : Stock-picking hedge funds globally outperformed the broader sector with double-digit returns in 2021, despite a year beset by volatility and a new force of unpredictable retail traders flooding into the market to support 'meme stocks.'On average, equities hedge funds made gains of 12.3per cent i
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
World ocean heat hits record high in 2021, international study finds
Source: STForeignDesk - 🏆 4. / 71 Read more »
Vietnam 2021 exports up 19per cent to US$336.31 billion - customsHANOI : Vietnam's total exports rose 19per cent last year to US$336.31 billion, government's customs data released on Thursday showed. Imports in the year rose 26.5per cent to US$332.23 billion, resulting in a trade surplus of US$4.08 billion, the Customs Department said in a statement.The country'
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »