10-07-2014 10:26 AM | China

Beijing’s formula to consolidate dairy industry

A renewed push by the Chinese government to consolidate the country’s dairy industry could spur a round of deal-making and capital raising in the sector.

Chinese regulators expect consolidated companies will have better control over their supply chains, the fragmentation of which experts cite for repeated food safety scares. China’s dairy supply chain continues to be dominated by small farms.
Full Story : The Australian