China will import cattle and pig from Romanian
China Premier Li Keqiang earlier this week signed two agreements with Romanian to import 500,000 cattle and three million pigs from Romania over the next few years. On a visit to Bucharest, Premier Li Keqiang said China also wanted to import sheep and possibly other food produce.”We can buy all you can deliver,” Li said after talks with Romanian counterpart Victor Ponta. Fast-paced urbanisation and development of a middle class have radically changed the Chinese diet, with meat increasingly replacing or complementing rice and vegetables.
The first group cattle will be shipped to China around January, 2014. And also Romanian official said that their country’s husbandry can’t satisfy China’s need, now submit proposal to China to set up joint venture farms.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email michael@boddingtonconsulting.com
