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Reuters
Reuters
Business
By Lisandra Paraguassu and Ana Mano

With stakes high, Brazil meat industry dominates Lula delegation to China

FILE PHOTO: Employees work at the assembly line of jerked beef at a plant of JBS S.A, the world's largest beef producer, in Santana de Parnaiba, Brazil December 19, 2017. REUTERS/Paulo Whitaker/File Photo

More than a quarter of business leaders traveling to China with President Luiz Inacio Lula da Silva next week come from Brazil's booming meat industry, highlighting the high stakes for a sector reliant on Chinese demand for most of its exports.

With 69 of the nearly 250 executives traveling, meatpackers dominate a roster including wood pulp producers, a soy crushers group and executives from the mining, construction and financial services industry, according to a preliminary government list of the business delegations seen by Reuters.

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