China is the world's largest consumer of pork and it has been grappling with a massive shortfall in supply due to an African swine fever crisis.

Despite pork prices rising in November, data by Ministry of Agriculture and Rural Affairs showed that China's pig population increased by 2 percent in November compared with the previous month. 

Chen Jiahe, chief investment officer of Novem Arcae Technologies, is projecting pork prices will be totally eased in two or three years.

"We have seen slight rising of the number of pigs. That's mostly due to the encouragement policies that the Chinese government has been doing, including encouraging the production in small farms and also large farms," Chen explained.

Chen also estimated a slight change in pork supply in the approaching holidays – Christmas, New Year holiday as well as Spring Festival – but expected that the supply-demand problem will take two to three years to sort out.

"In the short term, pressure is still there. I think the problem will be sorted out in maybe two or three years."

His opinion was echoed by Liu Tong, market principal of Xinfadi – the largest wholesale market in Beijing.

"Pork production is recovering but has not been back to normal. A supply shortage still exists ... seldom space for a pork price decline. So the price will fluctuate around the current levels," Liu said.

Moreover, Chen pointed out the importance of a China-U.S. trade deal, as the U.S. has very competitively priced pork, but right now it's being taxed.

"It is a very good example about why cooperation between China and U.S. is much better than competition between the two countries. This is a very good example about why we should end the trade war," Chen told CGTN.