China's latest fake milk powder scandal blamed on chaotic sales channels

Thu, 21 Apr 2016

By Fiona Rotherham April 21 (BusinessDesk) - Chaotic sales channels have been blamed for China’s latest fake infant formula scandal where 22,600 cans of counterfeit milk powder were sold under the brands of Chinese infant formula maker Beingmate and US-based Abbott Laboratories. Fonterra Cooperative Group has a close association with both – it invested in an 18.8 percent stake in Beingmate last year and is jointly developing a new dairy farm hub in China with Abbott. Nine people were arrested over the weekend and charged with making an...

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