China has begun to release pigs from its central reserves into the domestic market to help reduce inflation, which hit an 11-year high in August, the Wall Street Journal reported. But analysts said it is not likely to ease the more fundamental concerns of price inflation and the overheating of China’s economy. Under a joint plan issued by the Ministry of Finance and the Ministry of Commerce, 30,000 metric tons of live pigs are being released from the country's reserves between September 10 and October 15. The pigs will be distributed to 22 cities in stages and sell for slightly less than market prices. Pork prices in China have been on the rise due to porcine blue ear disease, rising grain prices and increased demand as higher incomes have made pork more affordable to the population.
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