An investor's best friend: China's booming pet market sparks international deals
Mon, Dec 25, 2017 - 5:50 AM
Pet dog Oudi fetching its toy in a swimming pool at Cute Beast Pet Resort in Beijing. The booming Chinese pet market is estimated to grow at around an annual 20 per cent.
LI Mingjie is a pet industry investor's dream. The 23-year-old e-commerce worker spares little expense to make his pooch happy. "I'll happily splash out on my dog," Mr Li told Reuters as he walked his brown poodle Coco in Pingyang, a town on China'...