China agrees again to allow U.S. beef, ending ban since 2003

China has agreed once more to allow U.S. beef exports to that country, ending a ban in effect since 2003. The deal was struck over the weekend between President Donald Trump and China President Xi Jinping.  The opportunity for U.S. beef exporters could be significant. Global AgriTrends calculates the greater China region (China, Hong Kong, Vietnam) as a $7 billion dollar market, according to Stephens Inc. analyst Farha Aslam.In a note to investors, Aslam cautioned, however, that China has twice before agreed to grant market access to U.S. beef but regulatory hurdles have prevented any real trade to materialize.