Foreign milk powder producers gain after China’s melamine scandal

Posted: January 13th, 2011 | Tags: , , , , , | No Comments »

A “quintessentially American” menu provided the culinary anchor for last week’s state dinner between China and the U.S., the first since 1998. Maine lobster, rib eye steak, apple pie – this was classic American fare at its heartiest with ingredients undoubtedly sourced from the finest local providers.

The assured provenance and quality of the meal was probably the furthest thing from President Hu Jintao’s mind during the dinner. His compatriots back home do not have that same luxury. A series of safety scandals in the past several years have rocked consumer confidence in China’s food industry – none more so than in baby milk formula. Read the rest of this entry »