China’s Plan to Boost Baby Formula Output Hits Foreign Suppliers

Jun 04 2019, 12:46 AMJun 04 2019, 2:22 AMJune 04 2019, 12:46 AMJune 04 2019, 2:22 AM

(Bloomberg) -- A2 Milk Co. led declines among infant-formula providers in Australia and New Zealand after China unveiled a plan to boost local output and reduce reliance on imports.