Brazilian group JBS plans to increase sales of food to China by 20 percent in 2014, the chairman of the group, who said it was the world’s largest meat producer, said in Sao Paulo Monday. According to the Reuters news agency, Joesley Batista said that demand for foodstuffs by China remains strong, and that in 2013 JBS sold over US$2 billion to China, from total turnover of US$0 billion…Full Article: Macauhub Mar 2014
- JBS, the world’s largest in beef, lamb and poultry processor, noted that initially they only sold offal to China, but have since expanded to second and first-rate beef
- 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, Uruguay, Argentina, and Canada.