Beaten at Home, Chinese Milk Formula Makers Forge Ties Abroad

Chinese infant formula producers are going global to regain market share at home after a melamine scandal almost a decade ago crippled consumers’ trust in locally-made products. Feihe International Inc. is the latest company to invest in overseas manufacturing, spending C$300 million ($238 million) to build a plant in partnership with Canada Royal Milk in Ontario. That … https://bloom.bg/2eKiLFP

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