The successful IPO of China Huishan Dairy Holdings Co. is fresh evidence of growing investor appetite for the Chinese dairy sector. As the largest dairy to operate a fully integrated supply chain in the country,...
After a month of headlines surrounding Fonterra's botulism recall it emerged today (28 August) that the company's whey protein concentrate was not, in fact, contaminated with a bacteria that can cause botulism. Facing stringent criticism at home, including an inquiry by the New Zealand government, this might seem like "good news" for the dairy giant. However, this fresh revelation is likely to lead to further questions over whether Fonterra's management overreacted to events - and why it took so long to get the all-clear. Katy Askew reports.
International infant formula manufacturers are adjusting their business practices in China having been found guilty of price fixing. Multinational companies, which were the focus of an anti-trust investigation, say they have emerged from the probe with a "clearer understanding" of the regulatory framework in the country. However, some pundits suggest the probe must be viewed in the context of a wider government push to boost the domestic industry. Katy Askew reports.
China has fined six infant formula companies - including Danone and Mead Johnson - for fixing prices in the country.
China has issued a ban on Fonterra products after the world's largest dairy exporter confirmed a batch of whey protein concentrate contained a bacteria that can cause botulism.
Chinese dairy giant China Mengniu Dairy Co. just got bigger. It has entered into an agreement that will see it take control of local infant formula maker Yashili. Mengniu is…
© Copyright Verdict Media Limited 2021
