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Maersk, World’s Largest Container Ship & Supply Vessel Operator, Expects Chinese Imports to Rise over the Next Decade

A.P. Moeller-Maersk is betting that China will evolve into a consumer economy from a nation driven by export growth within a decade. “We’re investing in our China set-up as we’re building up a large organization there so we can be ready to help customers who want to export to China,” Chief Executive Officer Nils Smedegaard

Chinese Preference for Foreign Milk Powder (Infant Formula) Continues Despite Scandals

Chinese parents continue to favor high-cost foreign infant formula, although they are not short of quality issues. China rejected around 23 tons of faulty milk powder imports in September. A large portion was infant formula, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), the country’s consumer quality watchdog, said Tuesday. “I saw the