China, Peoples Republic of: Agricultural Situation. Sichuan Earthquake Shakes-Up Local Agriculture 2008. GAIN Report Number CH8904

摘要

On May 12, 2008, China's Sichuan Province experienced a massive earthquake measuring 8.0 on the Richter scale. Official news reports are that 69,000 died and almost 20,000 are still missing. The total loss in agriculture is estimated at $1.5 billion. According to some sources, pork production will be down one million metric tons. The affected area includes Mianyang, one of the eight areas that account for 51 percent of the province's total production. In the local area, the government is imposing price controls. In addition, effective from June 1st until December 31, Chinese government has reduced the pork and soy meal import tariffs, providing possible market access opportunities for U.S. exporters.