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China welcomes Australian beef imports

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Australia may be able to triple its exports of grain-fed beef to China by 2030, as the country has an increasing appetite for the marbled meat.

Increases in the consumption of beef in Asian countries, especially in China, may cause a 65% increase in Australian grain-fed beef exports.

Exports are expected to increase by more than 500,000 tons in about a decades; shipments to China alone could surge to almost 200,000 tons from the current 50,000 tons.