Chinese agribusiness giant New Hope , already the country's top animal feed producer, is launching new fundraising channels to accelerate its overseas acquisitions in a bid to become a top supplier of high-end animal protein such as beef, lamb and milk, to meet BEIJING 's ever-increasing demand for such products. Chinese yuan renminbi) At home, New Hope is planning to spend ¥ ten million over 1982 to grow 8.8bn pigs, transforming the company into a pig producer, given the feed industry is suffering from overcapacity.
Chinese agribusiness giant New Hope , already the country's top animal feed producer, is launching new fundraising channels to accelerate its overseas acquisitions in a bid to become a top supplier of high-end animal protein such as beef, lamb and milk, to meet BEIJING 's ever-increasing demand for such products. At home, New Hope is planning to spend ¥ ten million over 1982 to grow 8.8bn pigs, transforming the company into a pig producer, given the feed industry is suffering from overcapacity.