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Article: FOREIGN MILK POWDER PENETRATES DEEPER INTO CHINESE MARKET
- Article from:
- AsiaInfo Services
- Article date:
- April 8, 2003
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Foreign Milk Powder Penetrates Deeper into Chinese Market
BEIJING, Apr 08, 2003 (SinoCast via COMTEX) -- China Dairy Industry
Association unveiled recently that last year China has imported 130,
000 tons of milk powder, accounting for 20 of gross milk powder output
in China (650,000 tons), from overseas at a growth rate of 80 over
year 2001 after tariffs on imported milk powder had dropped from 25
to 15.
Secretary-General of the association Mou Jingzun remarked that import
of milk powder will not climb too high this year as the import tariff
rates will not change much in 2003 and the large milk powder exporter
Australia has suffered severe drought this year. Last year, ...