China is releasing pigs from its strategic reserves.A centralised pig reserve may strike some as a curious piece of state infrastructure.And it is an unhappy coincidence for Chinese consumers that rising pork prices have helped to push inflation to a 10-year high in the year of the pig.But the reserve is important to China,and Beijing is acting smartly to limit the economic damage of commodity shortfalls.The US could learn lessons from China's pig reserves on how to manage strategic oil stocks.
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