Guangdong-Based Infant Formula Company Intends to Establish Processing Plant in New Zealand by Late 2014

Yashili International Holdings, which manufactures and distributes infant milk formula products in China, is the latest Chinese company looking to invest in New Zealand, with plans to build a 1.1 billion yuan ($210 million) processing plant. The Chaozhou City, Guangdong-based company’s board signed off on a project to set up a manufacturing facility in New

Australian Retailers Running Out of Popular Baby Formula due to Increased Purchases by Chinese Costumers

Australian supermarkets and pharmacies were running out of popular baby formula on Thursday after unprecedented sales reportedly due to Chinese customers trying to secure supplies. Nutricia, supplier of top-selling formula brand Karicare, said there had been a sudden surge in demand for its products which had seen stocks plummet and left shelves empty. Major supermarket

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

China approves Nestlé acquisition of Pfizer baby food business

Swiss food giant Nestlé spent $11.85 billion buying Wyeth –the infant nutrition brand of Pfizer Inc. (NYSE:PFE), the U.S pharmaceutical giant, which has been approved by the China Ministry of Commerce, approved the acquisition last week, and has been confirmed by Nestlé Company. “Although other approvals were still necessary, China was a ‘big one’. It’s