You don’t need to be a millionaire to buy milk powder anyway.
A middle class income in China gets you many things and that number is somewhere north of 400m people. There are over 16m babies born pa and the change in the baby policy will see yet another explosion in numbers. China is going to simply grow and grow for economic power.
Indians upper middle class is also on a steep rise. This is also the case for any Asian based country Whattle in pushing into. It’s all growth. If WHA delivers on its plans, the stock could be worth anything.
WHA Price at posting:
$1.25 Sentiment: Buy Disclosure: Held