China Xiangtai Food Co., Ltd. (NASDAQ:PLIN) Positioned to Take Advantage of the Massive Pork Shortage in China by Expanding Hog Breeding Business
China Xiangtai Food Co., Ltd. (NASDAQ:PLIN) ("Xiangtai" or the "Company") is an emerging growth company engaged in the food processing business in China. China has an enormous appetite for meat, especially pork. Pork is the most widely consumed meat in the world, followed by poultry, beef and mutton. China leads the world in pork consumption. The average Chinese person consumes nearly 88lbs of the meat annually. As a result, China accounts for half of the world's pork consumption. But sadly...
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