China promised Friday [20 December 2013] to ease restrictions on imports of U.S. beef and to speed up work on opening its market for government purchases of software and other goods…Full Article: The New Zealand Herald Dec 2013
- Mainland China banned American beef in 2003 over concerns stemming from mad cow disease
- From 2006 to 2012 (Jan-Oct), the value of Chinese beef imports rose from US$169 million to US$708 million, equating to approximately US$3,400 per MT in 2006 and US$4,400 per MT in 2012.
- Brazil has been to the top supplier of beef to the China, but the U.S. has emerged as a solid secondary supplier. However, nearly all imports of U.S. beef enter through Hong Kong or Macao due to an import ban by mainland China. Other noteworthy Chinese beef suppliers include Australia, New Zealand, Urugugay, Argentina, and Canada.