date:Aug 28, 2014
ere we were five, six years ago, he told reporters.
Burned by the Sanlu disaster, the New Zealand dairy giant has been accused by some analysts of being slow to enter China's branded infant formula market, which research firm Euromonitor says could double to $31 billion by 2017.
HITTING THE SHELVES
Fonterra supplies wholesale infant milk formula to Chinese companies, which sell it under their own brands, but until recently it hadn't marketed its own Anmum infant formula to consumers in the wo