Chinese Dairy Producers under Pressure from E-Commerce Imports and Price Competition

Some Chinese dairy producers have seen gross profit margins of their infant formula milk powder products continue to decline due to the impact of foreign brands, high costs and inventory pressures. So, more producers are trying to target healthy products. The two-child policy in China didn’t trigger sales growth of the domestic dairy sectors, which

China’s Certification and Accreditation Administration Pulls Import License for Australian Infant Formula Producer

Recently, the China Certification and Accreditation Administration (CNCA) suspended the Australian dairy registration qualifications of Viplus Dairy enterprises in China, but there is no indication of the reason for the suspension of registration…Full Article: The Epoch Times Nov 2016 Key Points On 4 November 2016, the CNCA pulled Viplus Dairy’s import license. In June 2016,

Chinese State Television Channel Claims 42% of Sampled Imported Infant Formula Products Failed to Meet Food Safety Standards

The CCTV Financial Channel found 42.1 percent of 19 imported infant formula products sold online from seven countries it selected failed to meet China’s food safety standards. Eight of the 19 formula samples bought via online marketplaces, including Meiji, Aptamil and Meadjohnson, were graded as unqualified by the Inspection and Safety Center at National Food

State-Owned Chinese Company to Finance and Hold Controlling Stake in Dairy Plant in New Zealand

A state-owned Chinese company is investing in a Southland company to build a $200 million dairy processing plant with the promise of creating 100 new jobs. Mataura Valley Milk has announced China Animal Husbandry Group (CAHB) will have a 71.8 per cent stake in the plant, 20 per cent will be held by Southland farm

Fonterra’s Chinese Partner, Beingmate, Reverses Profit Projection in the Wake of a Counterfeit Infant Formula Scandal

Fonterra’s Chinese business partner Beingmate has been financially damaged by a case of alleged milk powder tampering, causing it to forecast a loss of up to $48 million for the first quarter of the financial year…Full Article: July 2016 Key Point Beingmate had projected a NZ$21 million profit, but revised this figure to a