China: Livestock and Products Annual
Link to report:
The economy of People’s Republic of China (PRC) is facing headwinds for the remainder of 2023 that should continue into 2024 even though officials are exploring various stimulus efforts. The headwinds will impact consumption, production, and trade for both pork and beef. FAS China forecasts beef imports will decline in 2024 owing to flat demand and forecasts that pork imports for 2024 will remain relatively flat. Live cattle imports in 2024 are forecast to grow as Myanmar received official market access in July 2023.
