China’s Lethal Milk Scandal Reverberates a Decade Later
- Nestle has emerged as the clear leader since the 2008 crisis
- Battle for market share shifts to China’s smaller cities
10 years after 6 children were killed and 300,000 others were poisoned, parents continue to distrust local brands.
Source: Bloomberg
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More than a decade after tainted infant milk powder in China killed six children and exposed institutional neglect of food safety, Chinese parents still don’t trust local companies to feed their babies.