Swine Fever Is a Big Deal in China, Says Global Agritrends' Stuart

The video discusses the significant role of pork in China's consumer inflation and the potential impact of swine flu on pork supply. It highlights the historical context of similar diseases and the Chinese government's response to stabilize the CPI through pork imports. The discussion extends to potential global market implications if pork shortages intensify, and the role of trade wars and tariffs in this scenario.

What percentage of China's CPI is made up by pork, according to the transcript?

• 11%

• 50%

• 33%

• 23%

What was the impact of the Blueear disease on China's food inflation in 2008?

• Food inflation was not affected

• Food inflation remained stable

• Food inflation reached 23%

• Food inflation decreased to 9%

If China loses 16% of its pork production, what would be required to offset this loss?

• Reduce pork consumption

• Increase tariffs on pork imports

• Import all traded pork globally

• Increase domestic production

How might the swine flu crisis affect China's trade policies with the US?

• China might stop importing pork altogether

• China might increase tariffs on US pork

• China might increase pork exports to the US

• China might relax tariffs on US pork

What percentage of its pork needs does China currently import?

• 20%

• 30%

• 16%

• 3%