Growth of China's Beef Market
The demand for beef in the Chinese market has been driven by the rising income, rapid urbanization and a change in diet. The country has been witnessing steady growth in beef consumption over the last few years. In China, the per capita be ef consumption is 4-5 kgs, a fifth of the global average. The local production of beef is not able to match the demand and the country is relying heavily on imports. While Canada is the leading exporter...
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