date:Jul 04, 2013
egional brokerage UOB Kay Hian. It is pointing the same direction of supporting local producers, making it difficult for importers.
Some Chinese infant formula companies have started forming partnerships with foreign firms to try to boost brand recognition and gain technical know-how.
Since consumer confidence in the Chinese products is seen as improving, it can be a chance (for Beijing) to test if confidence in local brands can hold its own against the foreign competition, Linus Yip, chief st