Botulism Scare? New Zealand Yawns
One would be forgiven for thinking that China'srecent decision to ban imports of whey proteins and milk powders produced by Fonterra Cooperative Group -- after discoveries of bacteria associated with botulism -- would have a big impact on New Zealand's economy. After all, Fonterra is one of New Zealand's biggest companies, responsible for sourcing and distributing almost all domestic dairy products in the country. Those dairy products account for about a quarter of New Zealand's exports, which in turn make up about a third of the country's gross domestic product.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Trump's Judgment Is Debatable. His Sanity Is Not.
- America's Adversaries Get It: Trump Can Be Ignored
- What a Middling Uber Rating Might Say About You
- Democrats' Next Tax Victory Is Worth the Wait
- The End of Net Neutrality Isn't the End of the World
- Never-Trumpers Never Agree About Anything Else
- The Blockchain Might Scare the Gig Economy to Death