date:Aug 08, 2013
China's most powerful government bodies, with a role in overseeing prices as well as broad economic policies.
The milk sector is still relatively young in China, with consumption of dairy products growing at an annual compound rate of 20 percent, a contrast to U.S. and European markets where demand has been shrinking in the past decade.
Some analysts also said the pricing investigation could result in tougher rules governing imports.
Indeed, the China Food and Drug Administration is proposing