China's agreement to resume purchases of U.S. beef, after a seven-year suspension, drew praise from the U.S. Meat Export Federation which predicted that country could buy up to $200 million worth of beef annually.
That amount could make China one of the top 10 export markets for U.S. beef, USMEF said.
U.S. agriculture and trade officials on Wednesday said China had agreed to a staged reopening of its market to U.S. beef. The market has been closed since late 2003, when the United States reported its first case of mad cow disease.
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