Pig `Ebola' Virus Sends Shock Waves

The transcript discusses the outbreak of swine fever, which began in August and has spread across China, Mongolia, Cambodia, and Vietnam. China, being a major consumer of pork, is significantly affected. The outbreak has led to rising pork prices, impacting the global supply chain and causing inflation concerns. Analysts predict a ripple effect on other meats and the broader economy, with central banks having less flexibility to stimulate economies due to rising inflation.

What was the first location where the outbreak of swine fever was charted?

Why is China particularly sensitive to the outbreak of swine fever?

How has the spread of swine fever affected pork prices in China and other regions?

What are the potential broader economic impacts of rising pork prices in China?

What percentage did Citigroup raise its inflation forecast for China due to rising pork prices?