Fonterra to enter huge infant formula market in China
date:Mar 28, 2013
ays talked about adding value to their products, and this is one way they can do that, said Alan Robb, an independent commentator on co-operatives.

While domestic dairy and food companies dominate the low end of the formula market, the premium end is controlled by overseas firms including Mead Johnson and Nestle.

Chinese consumers have such low regard for home-grown dairy products that they pour across the border into Hong Kong every day to buy up milk formula tins, creating shortages and feed
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