Wednesday, April 10, 2013

Chinese Demand Foreign Baby Milk



(London, England)
Chinese families are scouring the globe for powdered baby milk, creating shortages as far afield as the U.K. after a series of food scares damaged confidence in local supplies.

Major supermarkets in the U.K. including market leaders Tesco (TESO)and Sainsbury's have begun restricting the purchase of baby milk in an effort to prevent private exports to China.[…]

China's demand for foreign-produced formula has been growing ever since 2008 when melamine-tainted baby milk led to the death of six children and caused hundreds of thousands of other children to fall ill.
Reportedly, Chinese agents are working all corners of the globe to meet home-country demand.

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