China, known for its voracious appetite for beef, pork, and chicken, has historically been a driving force in the global meat industry. However, recent shifts in China’s economy are beginning to curb its meat consumption, a development highlighted in a recent Bloomberg report.
Despite the easing of COVID-19 restrictions and the reopening of the Chinese economy, the anticipated surge in pork consumption has not materialized. Many households are choosing to save money in the face of economic uncertainties, leading to a reduced enthusiasm for celebratory meat feasting.