Chinese Beef Industry Urges Immediate Safeguard Measures
Multiple Chinese beef industry insiders, including cattle breeders, industry associations, and industry observers told the Global Times on Thursday that China's beef industry is under pressure resulting from expanding market share of imported beef, calling on relevant authorities to introduce immediate safeguard measures by the year-end to stabilize market expectation and safeguard the domestic industry and breeders' livelihood.
China's beef breeding industry has suffered losses across the board since 2023 due to multiple factors including pressure from imports, with many breeders being forced to slaughter breeding cattle to reduce costs, Liu Qiangde...
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