China's infant formula market faces shake-up
By Wang Hongyi | China Daily | Updated: 2011-07-13 07:51
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Global brands, including Nestle, Dumex, Wyeth and numerous others, account for more than 80 percent of the premium infant formula market in China. Nelson Ching / Bloomberg |
SHANGHAI - A plan by Pfizer Inc to shed its nutrition unit, which includes the major infant formula milk maker Wyeth LLC, could shake up the market for this baby product, industry analysts said.
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