Australian farmers beef up meat exports to China
Australian beef sales to China surged sixfold in three years to a record A$917 million (S$904 million) in 2015
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Sydney
IN the restaurants of Beijing and Shanghai, patrons are asking: Where's the beef? The question is proving a boon for Australian ranchers such as Sam Burton-Taylor, who is shipping ever-larger quantities of meat to satisfy the voracious appetite of China's growing middle class.
Australian beef sales to China surged sixfold in three years to a record A$917 million (S$904 million) in 2015, data from Meat & Livestock Australia show. The volume of beef shipped to China rose more than four times over the same period while the price received for the exports has jumped 37 per cent in the past 12 months.
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