Moving Towards New Agriculture: The Story of Western Animal Husbandry
Jiazhuo G. Wang () and
Juan Yang
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Jiazhuo G. Wang: City University of New York College of Staten Island
Juan Yang: Peking University
Chapter Chapter 4 in Who Gets Funds from China’s Capital Market?, 2013, pp 33-45 from Springer
Abstract:
Abstract The Melamine scandal of 2008 resulted in the crisis of the century for the dairy industry in China. The imbalance of soaring demand for dairy products and lack of large-scaled animal husbandry farms led to the creation of thousands of small and remotely-located farms in order to fill the demand gap. This system, however, generated a sequence of food safety issues in the industry process. Western, a leading animal husbandry company discussed in this chapter, developed a successful business model that tackled the issue of quality while ensuring profitability.
Keywords: Dairy industry; Animal husbandry industry; Melamine scandal; Decentralized standardization; Industry value chain (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-642-44913-0_4
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DOI: 10.1007/978-3-642-44913-0_4
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