10
Mar
US beef exports to China surpass ‘loyal ally’ Australia, exposing downsides of cosying up to West
For the first time, the Unites States exported more beef to China last year than its ally Australia, annual trade data shows – a consequence of both the trade war between the world’s two largest economies and heightened Beijing-Canberra tensions in recent years. Australia’s annual exports to China of frozen and chilled beef products were about 185,000 tonnes in 2022, but it was just beaten by the US with around 192,000 tonnes of beef exports across chilled, frozen and offal products.
Click here to read full note: https://www.scmp.com/week-asia/economics/article/3212975/us-beef-exports-china-surpass-loyal-ally-australia-exposing-downsides-cosying-west
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