Hogwash Update - Latest Number Of Floating Chinese Pigs: 5,916 And Rising Fast
First it was 900, then 1200, then 3000, and now the latest tally of dead pigs floating in the Shanghai water supply has hit nearly 6000. AP has the latest number: " The number of dead pigs found floating in a river flowing into Shanghai has reached nearly 6,000. The Shanghai municipal government said in an online announcement that 5,916 swine carcasses had been retrieved from Huangpu River by 3 p.m. Tuesday, but added that municipal water remains safe." At what point will the dead pigs begin to pose a health challenge? 10,000? 100,000? What is the maximum Chinese Surgeon General RDA of dead pig in one's drinking water? And whatever it is, how long until, pulling a page from Fukushima, it is quickly doubled? But perhaps the biggest question is what is causing this mass death phenomenon, and what does it mean for the quality and safety of other pigs in circulation?
More from AP
The surge in the dumping of dead pigs — believed to be from pig farms in the upstream Jiaxing area in the neighboring Zhejiang province — has followed police campaigns to curb the illicit trade of pork products harvested from diseased pigs.
Shanghai authorities said the city has taken proper measures to safely dispose of the pig carcasses and that the city's water plants are stepping up efforts to disinfect public water and testing for six common swine viruses.
The Shanghai government reported no major swine epidemic, widespread pig deaths or dumping of pigs within the city boundaries of Shanghai.
The state-run China News news agency said Monday that Zhejiang province had reported no swine epidemic but that a provincial agriculture official blamed cold weather for the deaths of the pigs.
The official, who was identified only by his family name Gu, told China News that the practice of dumping dead pigs into rivers lingers among some pig farmers in the city of Jiaxing. "We are still introducing the practice of collecting dead pigs," Gu was quoted as saying.
Shanghai authorities have been pulling out the swollen and rotting pigs, some with their internal organs visible, since Friday — and revolting images of the carcasses in news reports and online blogs have raised public ire against local officials.
Beijing-based writer Li Mingsheng expressed shock when he learned of the latest number of dead pigs in Shanghai.
"This is not only an environmental issue but also a public moral problem," Li wrote. "What's been polluted is not only Shanghai's river water but also the spirit of our country people."
The good news: China has many, many more pigs. Recall this chart:
The bad news: what happens if China were to uncover that whatever ailments were present in the current batch of "hog wash" has become an epidemic? Just how high will the most important price tag in all of China - pork meat - soar to if quality controls were to be enabled? And what happens to food inflation which in China is actually indicative of reality due to its component as a percentage of CPI being one of the highest in the entire world?
How quick will the PBOC be forced to extract even more liquidity from the market then, and have the Politburo make urgent calls to the rest of the G-7 demanding an immediate, if transitory, end to the global reflation experiment?