date:Mar 28, 2013
New Zealand's Fonterra, the world's largest dairy exporter, plans to sell its own branded infant milk formula in China by mid-year, playing catch-up with other global diary companies already operating in the booming, high-margin market.
New Zealand's biggest company already manufactures milk powder for other companies to sell in China, but has stayed out of the branded baby formula market after it was rocked by a melamine tainting scandal in 2008 which killed at least six children.
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