Risky business
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
Officials in Heilongjiang province said recently that building had begun, backed by a Russian company, Severny Bur, better known for making mining equipment, and Chinese company Zhongding Dairy Farming.
The location is Mudanjiang, population two million.
Russia’s embargo on dairy products from the West, is forcing companies and officials to look to look elsewhere for dairy supplies.
