A probe into possible price fixing by foreign and domestic baby formula firms will lead to the consolidation of the dairy sector, experts have said.
A probe into possible price fixing by foreign and domestic baby formula firms will lead to the consolidation of the dairy sector, experts have said.
French upper house of parliament, the Senate approved on Tuesday the Socialists' reform of labor code that offers more flexibility to firms and raised costs on employing staff.
China's dairy industry is attempting to rebrand itself due to plummeting consumer confidence and competition from foreign brands.
The Chinese government has listed boosting domestic consumption and maintaining proper investment scale as an important economic task in the coming period.
Domestic cosmetics and personal care products that were popular in decades past have grown popular once again, with both young and old Chinese seeking a piece of nostalgia.
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