The Chinese are taking their foot off the accelerator and waiting for the end-of-month conclusion of Beijing's investigation into the imp.

At this time in China, the CIIE is taking place, a food fair organized by its government, in which Argentine meat exporters and the IPCVA (Institute for the Promotion of that food) are participating. China is the largest global buyer of beef, and this year it will import around 3.5 million tons, 30% of the total that is moved internationally. However, those who went to the CIIE do not have it easy. In recent months, its importers have accelerated to stock up on merchandise, because at the end of the month, the Beijing government will announce the end of an investigation and possibly impose a safeguard to limit the entry of beef. This special tariff would aim to prevent the price charged by its own ranchers from continuing to drop. In theory, the final decision on this matter will be known on November 26. In that context, businessman Fausto Brighenti, a member of the Association of Export Producers (APEA), confirmed that "the market is calmer, mainly because a large amount of beef ...