Source: USDA
China’s emergence as a major meat producer, consumer, and importer creates export opportunities for the United States and other producers. China has become the world’s largest meat importer, as growth in its own production has diminished. Growth in China’s meat production and consumption has slowed due to decelerating population and income growth, animal disease, scarcity of land for feed and forage, rising production costs, and health concerns. Has China’s consumption of meat reached a ceiling, or is there room for more growth?
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