"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-04-29T14:16:37Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/04/29/shanghai-covid-lockdown-china-economy-lu-stout-vpx.cnnbusiness"
data-branding-key=""
data-video-slug="shanghai covid lockdown china economy lu stout vpx"
data-first-publish-slug="shanghai covid lockdown china economy lu stout vpx"
data-video-tags="asia,business, economy and trade,china,continents and regions,coronavirus,diseases and disorders,east asia,east china,economic indicators,economy and economic indicators,health and medical,infectious diseases,kristie lu stout,life forms,microscopic life,misc people,respiratory diseases,shanghai,viruses"
data-details="">
Video Ad Feedback
Analyst: 'Lockdown in Shanghai will rock China's economy'
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-02-01T17:18:13Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/02/01/soros-on-china-and-xi-jinping-orig.cnn-business"
data-branding-key=""
data-video-slug="Soros on China and Xi Jinping orig"
data-first-publish-slug="Soros on China and Xi Jinping orig"
data-video-tags=""
data-details="">
Video Ad Feedback
"China is facing an economic crisis": Soros on China and Xi Jinping
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-17T16:40:30Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/17/china-gdp-economy-patrick-chovanec.cnnbusiness"
data-branding-key=""
data-video-slug="china gdp economy patrick chovanec"
data-first-publish-slug="china gdp economy patrick chovanec"
data-video-tags="asia,business and industry sectors,business, economy and trade,china,continents and regions,east asia,economic conditions,economy and economic indicators,real estate"
data-details="">
Video Ad Feedback
Covid and the real estate crisis weigh on China's economy
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-14T09:17:09Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/14/hong-kong-zero-covid-supply-chain-lu-stout-pkg-intl-hnk-vpx.cnn"
data-branding-key=""
data-video-slug="Hong Kong zero covid supply chain lu stout pkg intl hnk vpx"
data-first-publish-slug="Hong Kong zero covid supply chain lu stout pkg intl hnk vpx"
data-video-tags="asia,border control,china,communicable disease control,continents and regions,coronavirus,coronavirus pandemic,diseases and disorders,east asia,epidemics and outbreaks,health and medical,hong kong,infectious diseases,international relations,international relations and national security,kristie lu stout,life forms,microscopic life,misc people,national security,public health,respiratory diseases,territorial and national borders,viruses"
data-details="">
Video Ad Feedback
Pandemic empties one of the world's busiest airports
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2021-12-29T22:45:55Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/media/2021/12/29/hong-kong-news-outlet-closes-police-raid-stand-news-pkg.cnnbusiness"
data-branding-key=""
data-video-slug="hong kong news outlet closes police raid stand news pkg"
data-first-publish-slug="hong kong news outlet closes police raid stand news pkg"
data-video-tags="activism,arrests,asia,business and industry sectors,business, economy and trade,china,continents and regions,crime, law enforcement and corrections,criminal law,democracy,east asia,forms of government,government and public administration,hong kong,ivan watson,journalism and news media,law and legal system,law enforcement,media industry,misc people,policing and police forces,politics,society"
data-details="">
Video Ad Feedback
Hong Kong independent news outlet closes after police raid and arrests
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2021-12-28T21:58:37Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2021/12/28/space-x-china-satellite-elon-musk-starlink.cnnbusiness"
data-branding-key=""
data-video-slug="space x china satellite elon musk starlink"
data-first-publish-slug="space x china satellite elon musk starlink"
data-video-tags="asia,aviation and aerospace industry,business and industry sectors,business figures,business, economy and trade,china,companies,continents and regions,east asia,elon musk,government and public administration,government bodies and offices,government departments and authorities,international relations,international relations and national security,ivan watson,misc people,north america,roads and traffic,satellite industry,space and astronomy,space exploration,space industry,space stations,spacecraft and satellites,spacex,state departments and diplomatic services,technology,telecommunications industry,the americas,transportation and warehousing,transportation infrastructure,united states"
data-details="">
Video Ad Feedback
China slams Elon Musk and US claiming SpaceX satellites endangered Chinese
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2021-12-21T14:59:39Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2021/12/21/china-government-fines-livestreamer-viya-tax-evasion-lkl-intl-vpx.cnn"
data-branding-key=""
data-video-slug="china government fines livestreamer viya tax evasion lkl intl vpx"
data-first-publish-slug="china government fines livestreamer viya tax evasion lkl intl vpx"
data-video-tags="arts and entertainment,asia,broadcasting industry,business and industry sectors,business, economy and trade,celebrities,celebrity and pop culture,china,consumer behavior,continents and regions,crime, law enforcement and corrections,criminal offenses,digital and streaming video,east asia,economic indicators,economy and economic indicators,fines and penalties,fraud and financial crimes,government and public administration,internet and www,internet broadcasting,law and legal system,media industry,movie and video industry,newspapers,public finance,publishing industry,social media,streaming media,tax avoidance,tax fraud,taxes and taxation,technology,trial and procedure"
data-details="">
Video Ad Feedback
Chinese 'live-streaming queen' hit with huge tax evasion penalty
Sun Dawu’s pigs started dying from a mysterious virus last December. Four months later, all 20,000 in one farm were dead.
Of those, 15,000 were killed by the virus. The other 5,000 were destroyed as a precaution.
“It began with a few pigs a day, then it was hundreds,” said Sun, a pig farmer and agricultural entrepreneur from Hebei province, China. “In the end, 800 pigs would die in a single day.”
African swine fever (ASF) is decimating China’s pork industry, by far the biggest in the world. Dutch bank Rabobank, which lends to the global agricultural sector, estimates the country’s pig population could shrink by a third in 2019 – up to 200 million animals – through a combination of the disease and culling.
To put it in context, that’s almost as many pigs as in the US and Europe combined.
An photo of one of Sun Dawu's pig farms in March 2018, prior to the epidemic.
Dawu Group
The virus is harmless to humans but deadly to pigs – and, so far, there is no cure or vaccine. Originating in Africa, outbreaks were recorded in eastern Europe and Russia before it first appeared in China last August.
It has since spread to other Asian countries, including Vietnam and Cambodia.
In March, the Chinese government said it had a “good control” of the epidemic. At a press conference last month, Beijing said ASF was not spreading as quickly as before.
According to the United Nations’ Food and Agriculture Organization (FAO), China’s central authorities have taken the right steps to bring the virus under control.
“They’ve done everything they could possibly do to control the disease. They had a plan, they had a strategy, they have been responding very vigorously,” said Vincent Martin, the FAO representative in China.
Virus prevention teams working at Sun Dawu's pig farm after the outbreak, which killed more than 15,000 of his animals by March 2019.
Dawu Group
Farms wiped out
But the scale of the outbreak may be bigger than officials estimate, as some farmers tell CNN that the disease is not always recognized locally.
Sun said initial testing by provincial officials at his Hebei farm was negative for ASF. However after he posted pictures of the dead animals online, the country’s Disease Prevention and Control Center tested them and confirmed they carried the virus.
Also in Hebei, fellow farmer Zhang Haixia watched all her 600 pigs die. The official cause of death, she was told, was a regular swine influenza.
“The local officials were afraid to be accountable,” she told CNN. “They threatened us that there would be consequences if we reported to higher-ups in the government. They are afraid of losing their jobs because of this.”
CNN has contacted authorities in Hebei for comment but has not received a response.
Pig farmer Zhang Haixia cries over an empty pen after losing all her animals to African swine flu in early 2019.
CNN/Natalie Thomas
Martin, from the FAO, warned that it could take years before the outbreak was completely contained.
“I’m not sure we can say it is under control because we know how complex the disease is,” he said. “We have experience in other countries where it took years to get a handle on these diseases.”
Not enough pork in the world
One of the main problems China faces in containing ASF is that its pig industry is fragmented. Martin said there are thousands of small farms which may not have the correct bio-security measures needed to control the spread of the disease.
Another complication is that the virus can survive in pork products for months, meaning it can be reintroduced into herds by accident.
And it’s not just producers who are hurting. The epidemic could also have a broader economic impact: China is the world’s largest consumer of pork, a staple for the vast majority of its 1.4 billion people.
According to government forecasts, the price of pork could rise to record levels in the second half of 2019, as demand overwhelms supply.
Analysts say there isn’t enough pork in the world to cover China’s expected shortfall and consumers are likely to turn to other meats as a substitute.
Rabobank’s report predicts an “unprecedented” shift in global protein supply to China to cover the shortfall.
“This shift will likely create unexpected product shortfalls in markets previously serviced by suppliers … that will ultimately result in higher global protein prices,” report author Christine McCracken wrote.
Pork producers in Europe and the US are already starting to increase shipments to China, even though US exports are subject to a 62% tariff because of the trade fight with China.
In the lunar calendar, 2019 is the year of the pig. It’s supposed to be an auspicious year. For China’s pork industry, it’s anything but.