Keeping pets is becoming all the rage among the affluent in China, even though some Chinese still consume dog and cat meat.
Combined spending on pet food and pet care in China will be worth an estimated $870 million in 2008, according to Euromonitor International. That's up roughly 15 percent from the $757 million spent in 2007.
"In Beijing, there's a huge market with pitiful dogs waiting in cages to be sold as meat, and literally a few yards away standard poodles dyed in all colors of the rainbow," said Jill Robinson, CEO of Animals Asia Foundation, a Hong-Kong based animal welfare charity.
Source: Reuters