date:Jul 04, 2013
rnational rivals.
At supermarkets in big cities like Shanghai, a 900-gram tin of infant formula made by an international firm costs between 175 yuan ($29) and 275 yuan ($45), compared to about 100 yuan ($16) for domestic milk powder in lower-tier cities in China.
Milk producers boasting foreign ingredients have raised prices to the same range as global brands in an effort to distinguish themselves from the local crowd.
On Wednesday, China's official Communist Party mouthpiece, the People's Da