China on Thursday [22 September 2016] lifted a decade-plus ban on some beef products from the United States, according to agriculture and quarantine regulators. The ban on bone-in and boneless beef from cattle under 30 months old from the United States was removed effective immediately, said a statement released by the Ministry of Agriculture and General Administration of Quality Supervision, Inspection and Quarantine…Full Article: Xinhua Sept 2016

Key Point

  • On 21 September 2016 (the day before the US beef ban was lifted), for the first time ever China’s central bank permitted a US-based bank to clear Chinese CNY (yuan) transactions. The New York branch of the Bank of China was given permission to begin yuan clearing services.

ChinaAg Comments

  • In April 2016, Chinese veterinary inspectors carried out audits of beef producers in Ireland, France, the Netherlands, Britain, Belgium and Italy as a possible precursor to opening up trade.
  • In January 2016, China (via Shanghai) imported beef from Hungary for the first time.
  • In October 2015, China and Hungary signed a beef trade agreement.
  • In February 2015, China’s General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) formally lifted the ban on Irish beef, allowing Ireland to export deboned beef from animals under the age of 30 months.
  • In 2006, mainland China partially lifted its ban on US beef, allowing the US to export beef from cattle up to 30 months old. However, US beef suppliers complained that sanitary certificates for their beef were not being issued in a timely manner by China. The ban was still in-effect, just under a less official form.
  • In 2005, Hong Kong banned US beef, but reopened imports for boneless beef in 2006. In 2013, Hong Kong reopened imports of US in-bone beef in February 2013.
  • In 2003, China banned US beef after a case of Bovine Spongiform Encephalopathy (BSE), aka mad cow disease, was detected in Washington state. China also banned beef from Canada in 2003 due to concerns over mad cow disease (BSE). The Canadian ban was eventually lifted in 2010.
  • In 2001, China banned beef imports from the European Union (EU) over concerns from Bovine Spongiform Encephalopathy (BSE), aka mad cow disease.

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