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China milk powder firms court foreign cachet for domestic gains
date:May 23, 2013
China's milk powder companies can eventually soak up market share from international companies if they avoid further scandal and maintain safety standards.

In the premium sector it will be a long time before foreign firms are seriously challenged, said David Mahon, Beijing-based managing director of Mahon China Investment Management Ltd.

But in the middle of the market we'll see considerable change in the years to come.

12/22 10:03