China Alt Protein: A summary of why it mattersChina is emerging as a major alt protein manufacturing hub due to its established fermentation expertise, government support, and focus on food security. Experts warn that avoiding China entirely may create a competitive disadvantage as Chinese alt protein startups gain scale, lower costs, and strengthen innovation capabilities. Together with formal governmental support for the alt protein sector (dubbed as New Protein locally), these drivers are pushing Chinese companies that have longstanding expertise in fermentation, albeit for other sectors, towards alt protein production as a new avenue to utilise their existing capabilities. This means that moving forward, pharmaceutical factories could well be reinvented as alt protein production facilities. What does this mean for foreign alt protein companies?