Sino-File

Playing chicken

“We just can’t build the [chicken] houses fast enough and we’re going absolutely as fast as we know how to go”

DONNIE SMITH PORTRAIT

Tyson Foods CEO Donnie Smith says the US firm has 20 chicken farms in China today, versus zero just three years ago. Its goal is 90 farms by 2015, selling 3 million chickens a week to supermarkets and restaurants. Tyson’s China revenues are forecast to increase to $1.1 billion in 2015 from around $700 million this year.


© ChinTell Ltd. All rights reserved.

Exclusively sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.