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Australian Trade Minister Don Farrell on Wednesday predicted the final obstacle for exports to China, Beijing's ban on live lobster imports, will be lifted soon after Chinese Premier Li Qiang visits the country. The return of lobsters to the Chinese market would be a milestone in the Australian government's ambition to stabilize bilateral relations since coming to power in 2022. China banned minister-to-minister communications with Australia and imposed a series of official and unofficial trade barriers in 2020 on Australian products including beef, barley, coal, wood and wine costing exporters 20 billion Australian dollars (USD 13 billion) a year. Bilateral relations plumbed new lows after a previous Australian government demanded an independent investigation into the causes of and China's responses to the COVID-19 pandemic. Farrell said Li becoming the first Chinese premier to visit Australia in seven years on Saturday would remove the final trade barrier on lobsters. I think ..
A ravenous demand from China has helped Brazilian beef sales skyrocket to record levels - which has brought upon a devastating environmental cost.According to the Guardian, despite the Brazilian economy being hit hard by the COVID-19 pandemic, it remains one of the world's biggest beef exporters.Brazil supplied 43 per cent of China's meat imports in 2020, up by a staggering 76 per cent last year compared with 2019, according to consultancy Safras & Mercado.Sales are predicted to climb even higher this year, as China's pork industry struggles to recover from the deadly pig disease African swine fever, write Dom Phillips and Michael Standaert.Consumption of meat in China has risen in the recent decades with the growth of its economy. Several consumer surveys have shown that more Chinese people are turning to beef after the outbreak of African swine feverThe high consumption has cleared half of Cerrado, the vast tropical savanna region, and 20 per cent of the Amazon, with a ...