I also noticed that LNAHC is huge and growing fast with probably billions spent on extra acres of new infrastructure for importing and exporting.
They are also involved in exporting local China meat from mainland China to Hong Kong and probably other places. Perhaps that was what was meant with this in the announcement
"With the deepening of cooperation, both parties intend to expand the domestic beef and mutton import market and expand the scale of beef and mutton trade by building a stable and diversified international trade chain system, expand trade business from unilateral import to import and export."
Perhaps they need Jatcorp to provide expertise, export and distribution services for mainland China meat to Hong Kong etc.
There are a lot of different import requirements from mainland China to Hong Kong. That is what Jatcorp does.
I did note that the Jatcorp CIIE stand not only had Australian beef but some Wagyu beef was from Australian Wagyu cattle imported into China.
All very exciting anyway. There should be a dollar or two in this deal.
GLTAH DYOR
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