China’s pig industry will rise like a phoenix

China was hit hard by the African Swine Fever (ASF) outbreaks in 2018 and 2019. Most estimates indicate a pig industry size reduction of more than 50%. What does that mean for the years to come? China will come back for sure, but how quickly, and what will the impact be? Richard A. Brown, a director of Gira, explains. ‘Unexpected’, ‘unprecedented’ and ‘having severe consequences’. That is what characterises a ‘black swan event’, and it is the phrase Richard Brown likes to use to