The Chinese government is considering whether to launch trade remedy measures against imports of broiler meat from the US, China Daily reports the China Animal Agriculture Association as saying.
The Association, representing 20 large-scale broiler meat companies whose annual output accounts for more than 50% of the total, is worried losing market share to the US.
It recently sent a proposal to the Ministry of Commerce (MOFCOM) claiming the large volume of the US imports and their comparatively lower prices have disrupted the Chinese poultry market, squeezing local companies’ profits and hurting sales, Ma Chuang, vice-secretary general of the Association, told China Daily.
“We are aware of the appeal from the industry and we will carefully study it and respond accordingly,” said officials from MOFCOM.
If enacted, the proposal will be the first trade remedy deal that China has launched in the agriculture industry and will seriously reduce US broiler exports.
Source: China Daily