Chinese consumer behaviour is elastic it changes with the tide and the wind. Temporary Covid conditions for now and a slow return to previous behaviour. Did we forget Sars? I ask my Chinese friends serious questions like do you trust the local product in China and the almost unanimous answer is no. There is this fear that Chinese IF somehow poses a danger to A2Ms market. 1 thing i know for sure is Chinese food companies consistently shoot themselves in the foot there is history there as long as all your collective arms so first choice for the switched on consumer is the better foreign product. Proof is on the roads in China covered in German cars. Yes there is a fear now being manufactured and sure enough its working . Get enough paid reports and fear mongering will get you results. But Buffet says always buy a fundamentally good company when others are fearful.
A2M Price at posting:
$10.05 Sentiment: Buy Disclosure: Held
(20min delay)