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

Published: May. 20, 2026 6:29 p.m. GMT+8

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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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China's agriculture ministry revises hog production plan to stabilize pork prices, tightening new capacity controls.
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