This title is misleading (no one has spent a dollar as far as I can tell) and the article gets several facts wrong. For instance, it says "Meat The Future" is a clean meat company when in fact it's a sort of marketing and design group. There is no way China could buy meat from them. Poorly researched clickbait.
I’m thinking they get a way bigger margin with this buy and they do not need to declare that to the consumers, huge win for retailers. You wouldn’t be able to pull this off in the US without major buyer bewares.
I remember when the first lab meat burger patty was announced it was like $300K to produce.<p>There aren't long term studies into what lab produced meat means for the human body right? It's pretty new and very niche still -
but knowing how China has "very loose rules" on these kind of topixs (I'm no expert in policies but it does feel like that), this looks like a great move to speed up (by injecting a lot of capital in research and operations) the insertion of lab produced meat into the market. Is this good? Well at least no animals will be harmed in the process - other than "human animals" who will be buying it eventually
I think that edible insects would be a better protein route than lab-grown meats. It would require a cultural shift in some places, but probably not as large of one as people think. (Lobsters were considered inedible until relatively recently.)<p>Lab-grown meat seems like an over-engineered solution to a problem that might not be that difficult to solve in simpler, probably-healthier ways.