Formula crisis & China’s appetite for overseas baby formulas and dairy farms

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Government and media attribute the current baby formula shortage to supply chain disruptions and manufacturers’ safety recall. But China’s high demand for foreign baby formula is a factor that can’t be ignored. Baby formulas sold in China are the most expensive in the world, and cross-border eCommerce has bloomed. China buys dairy farms overseas and owns dairy companies in Australia, New Zealand, and North America.
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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:
Chinese References:
http://finance.china.com.cn/roll/2020...
https://www.esp-4u.com/qinggan/531786...
https://www.yicaiglobal.com/news/chin...
https://www.sohu.com/a/488957605_1209...
https://sa123.cc/d22zfvhmh8n6x33cnmd7...
https://www.zhihu.com/question/527067836
https://www.sohu.com/a/398301881_532736
https://www.163.com/dy/article/G5C83F...
https://www.sohu.com/a/489910661_250147
https://www.zvstus.com/article/news/1...

English References:
https://fee.org/articles/why-chinese-...
https://www.nutraingredients-asia.com...
https://www.just-food.com/features/ch...
https://ecommercechinaagency.com/5-in...

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#babyformula #formulashortage #formulacrisis #babyformulaChina #crossborderecommerce #breastfeeding #supplychaindisruption #babyformulamaker #dairyindustryChina