nd hit supplies of the meat ahead of a key holiday.
In a statement published on its website Tuesday night, a state-owned company that handles the reserves said it would auction off imported frozen pork from countries including Denmark, Germany, France, the United States and Britain.The decision comes ahead of a week-long national holiday and celebrations for the 70th anniversary of the founding of the People's Republic of China on October 1.
The price of pork in China jumped 46.7 percent on-year in August, official data showed last week -- prompting authorities to say they would dip into strategic meat reserves.
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