China's Mengniu adds another deal with offer for Carlyle's Yashili
date:Jun 19, 2013
to $25 billion by 2017, Euromonitor data shows, as more mothers join the workforce.

The fatal milk scandal in 2008 involved substituting a chemical into infant formula to increase profits on the product. The melamine-laced milk killed six babies in China and sickened about 300,000.

Other tainted milk scandals have emerged since, which has hammered demand for domestic producers.

Chinese companies are now espousing foreign safety standards - Bright Dairy and Food Ltd (600597.SS), for example,
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