FAST FIVE: Feed Shortage Leads To Pig Cannibalism, China's Economy Worsens
Feed Shortage Leads To Pig Cannibalism, China's Economy Worsens Authored by Alex Wu via The Epoch Times (emphasis ours), A video showing pigs eating a deceased pig on a farm in China went viral recently.
One expert believes that feed shortages are a reflection of bigger problems in China's economy.
Posts about the company have been circulating online, such as “the farmers' pig feed supply was cut off,” “the chairman of Zhengbang was restricted from buying high-end products,” “the company's fundraising was delayed,” and “the company's court ordered total amount of compensation reached 100 million yuan (about $14.8 million),” etc.
It caused the stock of Zhengbang Tech to fall 6.66 percent to 5.89 yuan (about $0.87) per share on July 25.
Behind these two reasons, the root cause is actually that the economic environment in mainland China has deteriorated due to the regime's zero-COVID policy and measures, resulting in a vicious cycle of mutual causation between the two reasons mentioned above.” “The deterioration in China's economy is largely caused by policy mistakes rather than a natural disaster.