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Milking the overseas market
date:Oct 13, 2012
alysts said.

In June, Chinese infant formula producer Biostime signed a 10-year financing and supply agreement with the Denmark-based European dairy giant Arla Foods.

The deal will secure Biostime a dedicated annual capacity of 20,000 metric tons of infant formula powder for the next 10 years, according to a statement issued by the two companies.

Beverage producer Wahaha Group also began to source its infant formula from a Dutch milk powder company several years ago, which helped package the

12/23 00:14