Chinese government announcement on meat imports puts Brazil and Argentina on alert

게시됨 2024년 12월 28일

Tridge 요약

The Chinese government has announced an investigation into beef imports from all sources, aiming to implement safeguard measures to protect local production, following concerns from the local meat industry about excess supply leading to falling prices. The investigation, which will focus on beef imports from January 1, 2019, to June 30, 2024, is expected to last eight months, during which meat trade will not be affected. This move has raised concerns in Brazil and Argentina, two major beef suppliers to China, and both countries are monitoring the situation closely to mitigate any negative impact on their exports. Argentina, in particular, is seeking to present evidence that its beef exports do not harm the Chinese industry but instead complement it. Brazil has also expressed its commitment to defending the interests of its agribusiness sector and plans to present evidence to support the idea that its beef exports do not harm the Chinese industry but rather support it.
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원본 콘텐츠

The Chinese government will investigate beef imports from all sources with the aim of applying safeguard measures to local production. This decision was requested by representatives of the Chinese meat industry on the grounds that excess supply causes a drop in prices. The news set off alarm bells in Brazil and Argentina, two of the main suppliers of this product to the Asian giant. According to the Chinese Ministry of Commerce, the investigation will focus on beef imports made between January 1, 2019 and June 30, 2024. The process is expected to last eight months, although it could be extended if special circumstances arise. However, they clarified that during this period, meat trade will not be affected. In addition, the 12% “ad valorem” tariff that the Asian giant applies to beef imports would remain in force. According to the AFP agency, which cites a statement from the Chinese government, the request from the national associations mentioned that the sharp increase in beef ...
출처: Agromeat

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