After 14 years, the U.S. is exporting beef to China again. The two powerful economies agreed to resume the trade last month.
U.S. meat processor Tyson Foods brought the beef exports to China through Cofco Meat Holdings. The China National Radio also confirmed the development on Friday, citing Beijing Entry-Exit Inspection and Quarantine Bureau.
China officially allowed the beef from the U.S. Tuesday this week after the two sides agreed to the terms and conditions for the resumption of trade on beef. Under the new rule, boneless and bone-in beef from cattle under 30 months will be eligible for America’s exports to China. Beef coming from the U.S. and exported to China should also be from cattle that can be traced back to its birth farm.
China needs U.S. beef to meet its increasing demand for premium meat in the $2.6 billion beef import market.
Cofco’s beef will be sold in China on its e-commerce platform Womai.com. The re-entry of American beef to China’s huge market after a long 14-year absence is seen as a threat to the sales of Australian beef in China’s lucrative premium meat market. The U.S. beef is expected to be cheaper compared to Australia’s because of low grain prices in the country. So while Australia has the advantage of being closer to China geographically, the U.S. has the edge of offering more competitive prices for its high-quality beef.
It is not yet clear whether this new favorable deal with China for U.S. beef is connected to the deals arranged by President Donald Trump with Chinese President Xi Jinping during the latter’s U.S. visit months ago, but it is likely the result of improved ties between the two powerful countries.
These agreements were in the works before Trump and Xi met. Following negotiations with President Barack Obama, China was already prepared to open up to more investment from American financial firms, a Chinese official involved in the Florida summit told the FT. “Had Obama been in office for another six months we would have gotten there,” they said.
China had already begun rolling back its December 2003 ban on some U.S. beef products last September. However, The National Cattlemen’s Beef Association pointed out to Trump in a March 27 letter that American beef was still blocked since the terms of their access to the Chinese market hadn’t been ironed out yet.
Yet another credit steal by Trump, mind you, he did have to get his bribe first, remember.
China gives green light for Trump branded massage parlours, bars and concierge services
China has granted preliminary approval for 38 new Trump trademarks, paving the way for President Donald Trump and his family to develop a host of branded businesses from hotels to insurance to bodyguard and concierge services, public documents show.
Trump's lawyers in China applied for the marks in April 2016, as Trump railed against China at campaign rallies, accusing it of currency manipulation and stealing US jobs. Critics maintain that Trump's swelling portfolio of China trademarks raises serious conflict of interest questions.
China's Trademark Office published the provisional approvals on 27 February and Monday.
All but three are in the president's own name. China already registered one trademark to the president, for Trump-branded construction services, on 14 February.
If President Trump receives any special treatment in securing trademark rights, it would violate the U.S. Constitution, which bans public servants from accepting anything of value from foreign governments unless approved by Congress, ethics lawyers from across the political spectrum say. Concerns about potential conflicts of interest are particularly sharp in China, where the courts and bureaucracy are designed to reflect the will of the ruling Communist Party.
Dan Plane, a director at Simone IP Services, a Hong Kong intellectual property consultancy, said he had never seen so many applications approved so quickly. "For all these marks to sail through so quickly and cleanly, with no similar marks, no identical marks, no issues with specifications - boy, it's weird,"
The trademarks are for businesses including branded spas, massage parlors, golf clubs, hotels, insurance, finance and real estate companies, retail shops, restaurants, bars, and private bodyguard and escort services.
Spring Chang, a founding partner at Chang Tsi & Partners, a Beijing law firm that has represented the Trump Organization, declined to comment specifically on Trump's trademarks.
Richard Painter, who served as chief ethics lawyer for President George W. Bush, said the volume of new approvals raised red flags. Painter is involved in a lawsuit alleging that Trump's foreign business ties violate the U.S. Constitution. Trump has dismissed the lawsuit as "totally without merit."
>yet another credit Drumpf has stolen
>Obama had 8 years to do this shit and of course Drumpf swoops in at the last minute and takes the credit
>George Bush's ethics lawyer
>if Obama was here this would've progressed exactly the same way we certainly wouldn't get anything better or worse
This is the best you've got? Applications for trademarks in China?
Harp on the tiniest things all you like faggot, just know that a few possible specks (if they can even be called that; we don't know the details of everything yet) in Trump's eye has yet to compare to the plank in the media and leftist eyes. I'm guessing you also got mad when Drumpf went to Saudi Arabia and was received graciously and honorably as he came diplomatically, rather than starting a war with them
A few copy-pastes from r/politics top-comments doesn't give you any credibility; have fun railing and losing again in 2020
Have you actually looked into 'anything' that opposes your master? of course not.
Obamas 8 years, yup, basically set the whole deal up, like the chinese themselves said it was already setup, stump just signed and took credit.
No better or worse under Obama, true. now it will only get worse
Dump trucks trade marks are worth billions to Trump who has a real problem paying taxes, plus getting one through takes a hell of a lot longer than it did for all of his, but hey if your alright with a President abusing his power for personal gain which is illegal
there's plenty of other abuses but you'll just dismiss them, anyone who really gives a damn checks all the facts rather than just blindly kissing ass
the link above is a list of allegations in just one place, rather than blindly believe or deny i prefer to check and confirm something you're clearly scared of
copy pasting, oh you mean what the guys you read do, although usually with add-ons, you know, 'LIES, IT'S ALL LIES'
aaaaaand finally, what makes you think I'm railing, nope, sorry, just commentating and winding up morons
losing, again sorry, not from America so can't exactly vote dicklicker, just watching the U.S slowly implode after being helped(possibly) to elect a narcissistic, sexist, racist, still suspected rapist, egomaniac with delusions of grandeur, an inability to apologise or understand the word 'no'
what now? going to scream about not my business? why? you stick your noses in everyone elses
come on, throw a tantrum, it should be fun.
Where’s the Bullshit? It’s in the WhiteHouse