A New Era in China’s Beef Market: Domestic and Global Impacts of China’s Rediscovered Meat

Due to China’s limited resources, cattle production can increase only moderately in specific regions where businesses can receive policy support, as it meets the goals of both economic benefit and social impact. This makes cattle production an integral part of sustainability themes in production regions, whereas, in other countries, it is often portrayed as having sustainability challenges. The additional beef demand will be mainly met by imports, which will further intensify global market competition for beef supply and impose upward pressure on global beef prices in the coming years.