Fonterra bullish on dairy industry
date:Apr 17, 2013
andal-hit dairy brands in China, including Mengniu, Yili and Bright Dairy, are busy buying overseas raw milk or establishing milking bases in foreign countries, especially New Zealand, given that domestic consumers have more faith in foreign raw milk, Chen Lianfang, a dairy industry analyst with Beijing Orient Agribusiness Consultant, told the Global Times Sunday.

The Shanghai-listed Inner Mongolia Yili Industrial Group Co announced on April 8 that the company had got approval from the governme
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