Chinese consumers would have to stop eating imported foods for Agri companies to be in trouble during any downturn. This is why I was switching from a lot of my tech plays into Agri. It's unfortunate for the many Chinese consumers who can't afford imported goods. Day by day they appear to have risks associated with food over there. So many food scandals within their food industry it's no wonder our food export business in Australia is doing well. Post free trade agreement it's only going to get stronger.
http://listverse.com/2015/03/15/10-bizarre-food-scams-that-could-only-happen-in-china/
http://thinkbusiness.nus.edu/articles/item/118-tainted-milk-unravelling-china’s-melamine-scandal
Why would Chinese people have trust in their foods? The Daigou businesses will also be around for awhile yet.
- Forums
- ASX - By Stock
- BFC
- Most undervalued agri stock
Most undervalued agri stock, page-560
Featured News
Add BFC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.991M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
BFC (ASX) Chart |
Day chart unavailable
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online