Photographer: Shiho Fukada/Bloomberg China will restrict beef imports as it seeks to protect domestic farmers and producers, dealing a blow to Brazil and Australia, as well as major meat producers in the US. A series of quotas will be in effect from Jan. 1, after authorities determined that rising imports had harmed China’s own industry. Shipments exceeding the limits will be subject to a 55% duty, the Ministry of Commerce said on Wednesday. Most Read from Bloomberg The trade measures, which follow an ...