date:Dec 26, 2013
champions who will be able to compete more strongly with global rivals.
Milk powder is a sensitive topic since a 2008 scandal involving milk tainted with the industrial chemical melamine killed at least six infants and left thousands more ill.
That damaged the reputation of Chinese firms and boosted the market share of foreign brands such as Danone SA, Nestle SA, Mead Johnson Nutrition Co and Abbott Laboratories. Imported brands account for close to 80 percent of the infant formula market in