Agree with your views 100%. That article is old news and A2m has increased sales into China until covid-19 knocked us down temporary.
China does not have the land or the resources to meet all their IF needs. They may have some luck in the lower economic group that can't afford premium product but that's not the market we reside in.
Its like the Chinese government mandating they want to push 60% of imported luxury car sales back onto local car producers. Medium to high income Chinese are not going to replace their MB or BMWs with Great Wall and
they are certainly not going to switch their newborns from The Hermes of IF which is A2 to cheap untrusted local product no matter how hard they try.
A2m and Daigou, page-60
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