China sets beef quotas in hit to Brazil, other big exporters - News Summed Up

China sets beef quotas in hit to Brazil, other big exporters


Workers process beef at a workshop of Jiusheng Halal Food Co LTD in Yangxin County, Binzhou city, East China's Shandong province, Nov 4, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images). China placed quotas on beef imports as it seeks to protect domestic farmers and producers, dealing a blow to Brazil and other major shippers including Australia and Argentina. Shipments exceeding the limits will be subject to a 55% duty, after authorities determined that rising imports had harmed China's own industry. The series of quotas will be in effect from Jan. 1, the Ministry of Commerce said on Wednesday.


Source: Irish Independent January 01, 2026 20:35 UTC



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