NZ reputation will bounce back, ANZ's chief China economist says

Tue, 20 Aug 2013

By Pattrick Smellie in Hong Kong Aug. 20 (BusinessDesk) - Honest disclosure of the Fonterra infant milk botulism scare will stand New Zealand's reputation as a food producer in good stead in the long run, although the country's reputation for safe food has taken a short term hit, says ANZ Bank's chief economist for Greater China. Speaking to BusinessDesk in Hong Kong, Li-Gang Liu described the impact of the incident, and the subsequent discovery of raised nitrate levels in lactoferrin produced by Westland Milk, as "a temporary scare." "Most...

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