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China-EU Pork Tariffs Will Not Impact Domestic Market

CHINA PRESS

Beijing’s decision to investigate EU pork dumping has aggravated bullish domestic sentiment, but any final tariffs imposed will have little market impact given China imports less than 5% of pork consumed, according to Xu Hongzhi, senior analyst at Brick Agricultural Big Data. Xu expects authorities will take at least one year to publish the result of the investigation, within which pork imports will continue as normal. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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