Are Floating Pigs Behind China’s Avian Flu? The immediate cause of floating pigs appears to be a government crackdown on the well-established, highly lucrative and totally disgusting underground trade in dead and diseased pigs for human consumption

Are Floating Pigs Behind China’s Avian Flu?

News that a new form of deadly bird flu recently killed two Shanghai residents arrived in the morning’s papers, along with some expert suggestions on how to avoid catching the unwelcome disease.

“Wash your hands, and cover your nose and mouth when coughing or sneezing,” was the advice published in the Oriental Morning Post, Shanghai’s most popular newspaper (and repeated in others). “And avoid eating or contact with dead and diseased livestock.”

That last directive might be a little tricky to fulfill. Since early March, Shanghai’s waterways have been clogged by dead pigs — officially at least 11,000 of them but likely a lot more. Many of those pigs have found their way into tributaries that feed directly into the municipal water supply. Thus, in theory, every Shanghai resident who comes into contact with the city’s water is potentially compromised.

Or are they? So far, at least, nobody from any level of government — local to national — has revealed what, precisely, may have caused a massive pork die-off so close to the city of Shanghai. Was it a virus? Or perhaps a play for livestock insurance? Both rumors (and others) have been floated in Chinese social and traditional media, but without official confirmation.

The reason for the mass water burial, however, is a different matter. According to numerous reports in Chinese and foreign media (though also without government confirmation), the immediate cause appears to be a government crackdown on the well-established, highly lucrative and totally disgusting underground trade in dead and diseased pigs for human consumption.

For Shanghai, a town whose cuisine is largely built on pork, this news would be unsettling under any circumstance. But in light of a bird flu that even Communist Party newspapers are implying could be caused by contact with dead and diseased livestock, it’s reason for panic. And, sure enough, Chinese social media were quickly filled with speculation on whether the month-long dead pork tide had played any role in this emerging strain of flu. Adding to the sense of unease was the late- arriving information that the younger of Shanghai’s two bird flu victims was a 27-year-old pork trader.

So far, nobody knows just how the young pork merchant contracted the flu (the World Health Organization says that human-to-human transmission is highly unlikely). The H7 types of virus, to which the newly emerged strain belongs, generally infect humans through birds, not pigs. Thus it would behoove the Shanghai government — or whoever is in charge of the response to the outbreak — to test some of the pig carcasses recovered from the Huangpu river for the H7N7 strain that caused the two human deaths, and disclose the results to an increasingly edgy Chinese public.

To be sure, even a positive result wouldn’t prove the source of the new outbreak. But it would indicate that China’s public health authorities are willing to exhibit some well- needed transparency during a public health crisis with potentially global consequences.

(Adam Minter, the Shanghai correspondent for the World View blog, is writing “Junkyard Planet,” a book on the global recycling industry. The opinions expressed are his own.)

To contact the author of this article: Adam Minter at ShanghaiScrap@gmail.com.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: