China can and does produce milk and baby formula but the affluent Chinese want what is produced and packaged here. So much so that they send personal shoppers here to post it back to them. Meat is or will be no different. Thats why I got into AAC years ago. Good on them for sticking with it. Nothing good happens overnight.
AAC has complete control of supply chain with best product, just got to get it to right market with good marketing. Not hard but takes time and right team.
Buffett/Munger: Cattle Ranching is "Worst" business, page-30
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