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Major Chinese food companies are hiking prices, in some cases by up to 15 percent, due to a confluence of global factors that disrupted supplies and pushed up costs, including US monetary policies, the COVID-19 pandemic and high oil prices.

Li changanAcademy of china open economyNational bureau of statisticsUniversity of international businessBayan countyHeilongjiang provinceXinhuamajor chineseHengshun vinegar industryEast chinaJiangsu provinceTengxin foodsGlobal timesChina open economy studiesInternational businessNational bureauFood price