Tyson Foods enters Chinese market

Wednesday, 18 December 2019 00:00 Written by  font size decrease font size decrease font size increase font size increase font size

Chinese officials and Tyson Foods executives have agreed to import the company's products to China.

Shares of the company rose more than 2 percent yesterday after the news broke.
Although various statements have been made in this regard, it is expected that the company will begin receiving orders early next year and will prepare and ship these orders by more than 36 processing plants to China.
It should be noted that the Chinese banned the import of poultry products from the United States during the 2015 following the outbreak of avian influenza in the United States.
The ban, which has continued so far, was lifted only after the outbreak of African swine fever in China's growing pork population and the reduction of animal protein substances in the country.

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