date:Apr 17, 2013
Fonterra Co-operative, one of the world's major dairy producers, based in New Zealand, is building two more dairy farms in China, bringing the total to five by the end of 2013.
Fonterra's move comes in response to surging dairy consumption in China, the newspaper reported, as it aims to further expand its milking operations in the country, which has been riddled by domestic milk scandals.
The company predicted that by 2020, Chinese annual milk consumptions will reach 70 billion liters, almost