Why China is producing more meat and dairy than it can eat - Where is the surplus heading?
New Delhi, Oct. 15 -- China is producing more meat and dairy than its domestic market can absorb, prompting producers to push into overseas markets with competitively priced chicken, processed meat and milk products. A combination of changing consumer preferences, government subsidies and expanding production capacity has created a surplus that Chinese companies are increasingly looking to export.
According to a Reuters report, China's growing protein exports are helping large producers offset weak domestic demand while intensifying competition for established suppliers in Europe, Southeast Asia, Brazil and Thailand. The shift is also raising concerns about trade tensions, as Western producers question whether Chinese companies benefit f...
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