End of the white goldrush?
Christopher Adams details the current situation and the potential future of New Zealand infant formula companies.
… “Coriolis analyst Tim Morris says the Chinese Government is all too aware of the political minefield that is infant formula – and food safety in general – in China. “It doesn’t matter if you’re a one party, pseudo-communist state, or you’re a completely free market – dead babies are not a good thing,” Morris says. “You’ve got to be seen to be addressing the problem.” This article links onto two recent Coriolis reports detailing the supply chains and value chains of both infant formula and UHT from New Zealand to Asia. These two reports can also be seen here.
The full article can be read here.