Lotte springing into the Chinese baby milks sector
date:Sep 05, 2018
It seems as if no decisions can be made in the Asian dairy market without the potential for expanding operations into the Chinese market. The latest development that of South Koreas Lotte Group forming a supply agreement with New Zealand-based Spring Sheep Milk Co is no exception. Although initially the agreement will focus on introducing childrens products into the South Korean market from 2019, already the partnership is seeking to launch an infant formula into China by 2020.

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