BEIJING—China’s government is releasing pork from stockpiles to help cool surging prices ahead of Oct. 1 celebrations of the Communist Party’s 70th anniversary in power.
The price of pork, China’s staple meat, has soared almost 50 percent from a year ago due to a devastating outbreak of African swine fever that killed or prompted authorities to destroy pigs. That has pushed up global pork prices as importers buy foreign supplies.
