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China, the world's largest egg producer, is reportedly facing a sharp rise in egg prices despite producing 30.86 million metric tonnes in 2024. Egg prices have climbed to their highest level in a decade after an oversupply last year turned into a shortage following large-scale cuts to laying hen flocks. Higher energy and transport costs have added to the pressure on businesses and households. The price surge comes as China's economy faces slowing growth, weak consumer spending, a prolonged property downturn, rising youth unemployment and persistent deflation. Unlike several other countries, China's egg shortage has not been driven by a major bird flu outbreak. Hem Saroya tells you more.
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