The last paragraph is interesting. "The newly announced plan doesn’t entirely try to shut out foreign companies. It will support domestic dairy producers in acquiring or setting up overseas bases for milk supply, encourage foreign dairy firms to invest in China as well as tighten regulations on the milk-powder imports and online sales platforms."
Sounds to me acquisition or part own of the foreign supplies is quite possible. I am wondering Bub saw this coming and hence have Chinese owning of 30% its company?
We seem to be forgetting A2 does A2 milk - not just any old infant formula. Clearly local Chinese are struggling with its own generic milk production / formula manufacture. It will take them even longer to get the A2
I think it is fair to assume NZ is a pretty good at herd management. If we are going to struggle converting herds to A2 then how will the Chinese fair?
The science behind A2 is a bit ........If Nestlé can do it without ATM, am sure big local producer can do the same and this is not a tech like 5G.
Most dairy cattle in China are Chinese Black and White and are derived from cross-breeding between the local yellow cattle and Holstein. (Holsteins are renown for their milk production - but also carry A1) They aren't the A2 favoured Guernsey or Jersey. So China will need to focus on the Holstein breed and locate the A2 only stock from there. Or import A2 semen and start a breeding programme - which takes time
Most dairy cattle in China are Chinese Black and White and are derived from cross-breeding between the local yellow cattle and Holstein. (Holsteins are renown for their milk production - but also carry A1) They aren't the A2 favoured Guernsey or Jersey. So China will need to focus on the Holstein breed and locate the A2 only stock from there. Or import A2 semen and start a breeding programme - which takes time
Your Chinese cow knowledge is impressive! Market seems to think yesterday was an overreaction. Up a bit already
if ya got in around that $14 level yest doing nicely today. not bad swing trading. US markets monday printed a pretty close to a dojo bottom an oversold so was odds on for a rise last night but didnt expect the size of the move. anyway the stock will continue to swing with the flow of the macro and news events
China’s Ministry of Commerce issued a statement that unexpectedly advocated for Beijing and Washington to return to the negotiating table.
“The Chinese side always believes that the differences and frictions between the two sides in the economic and trade field will ultimately need to be resolved through dialogue and consultation,” the statement said, according to a CNBC translation.
China’s Ministry of Commerce issued a statement that unexpectedly advocated for Beijing and Washington to return to the negotiating table.
“The Chinese side always believes that the differences and frictions between the two sides in the economic and trade field will ultimately need to be resolved through dialogue and consultation,” the statement said, according to a CNBC translation.
Now we just have to do the usual - wait for Australia market to open up. (buy now at $14.50 before it does)
Originally Posted by longy
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