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BRI cooperation creates new opportunities for Latin American beef
Latin America is China’s largest import market for beef — with the import volume increasing at a rapid rate. According to Uruguay’s commerce ministry, China’s beef imports from the country increased by 26 percent in the first half of 2022. Since 2015, more than half of Uruguay’s beef has been exported to China every year.
The rapid growth of Latin American beef exports to China is attributable, to a certain extent, to the opening of a new logistics channel — the New International Land-Sea Trade Corridor.
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