date:Aug 28, 2014
a Shanghai-based principal at China Market Research Group.
It could be a big money maker for them but they are also coming into a very competitive market now with consumers that are much more savvy than they were three, four years ago.
ANZ rural economist Con Williams said Fonterra was cautious about China, after the company was heavily criticised for failing to blow the whistle on Sanlu sooner and more loudly.
It got burned with Sanlu so it wasn't in a hurry of getting back into China, he sa