Blanch beef short ribs in boiling water for 5 minutes. Drain and rinse thoroughly under cold water to remove impurities. Pat dry.
Marinate blanched beef ribs with Shaoxing wine, light soy sauce, white pepper, and cornstarch for 15 minutes.
Heat cooking oil in a wok or large pot over medium-high heat. Add fermented black beans, julienned ginger, and minced garlic. Sauté until fragrant (about 1 minute).
Add marinated beef ribs and bell peppers to the wok. Stir-fry for 2-3 minutes until beef is lightly seared.
Pour in beef broth, oyster sauce, light soy sauce, dark soy sauce, sugar, and white pepper. Bring to a boil, then reduce heat to low, cover, and simmer for 25-30 minutes, or until beef is tender.
Stir in the cornstarch slurry to thicken the sauce to your desired consistency. Drizzle with sesame oil. Serve hot, preferably in a claypot.
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