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DewDiligence

07/15/12 5:00 PM

#5402 RE: north40000 #5401

No need for sarcasm. As has been noted on this board many times, China’s new middle class likes to consume Western products, and this includes snack foods, infant-nutrition products, and fast-food restaurants. Several of the companies I own—e.g. PEP, HNZ, and ABT—are beneficiaries of this tailwind.

p.s. The links posted by the_8th in #msg-74864659 are good background reads on the snack-foods arena.