Beefing Up Down Under: Aussies Find New Boom in China Demand
- Australian beef exports to China grow six-fold in three years
- Growing Chinese middle class prefer higher-quality food
Devon and Angus cows graze in a field at the Mulloon Creek Natural Farm in Bungendore, Australia, on Thursday, July 30, 2015.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
In the restaurants of Beijing and Shanghai, patrons are asking where’s the beef.
The question is proving a boon for Aussie ranchers like Sam Burton-Taylor, who is shipping ever-larger quantities of meat to satisfy the voracious appetite of China’s growing middle class.