I think the Chinese regulatory crackdown by their version of the "FDA" is the greatest thing since powdered milk for infants! Reputable companies such as Bellamy's are already set as they've passed prior regulatory hurdles and are already entrenched in the Chinese market. This will only help BAL, BLK, etc. grow even more market share. It's akin to the massive regulatory framework in place for tobacco companies. The big guys, already entrenched in the market with a proven product, only grew bigger at the expense of the small competitors and late market entrants. Now companies such as Altria, Phillip Morris, etc. are well entrenched. They ARE the market. The same with Bellamy's. I say . . . bring it on, and thank you China! Wait another 3-4 years or so when the relaxed 2+ child policy kicks in!
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- Ann: China Regulatory Update-BAL.AX
Ann: China Regulatory Update-BAL.AX, page-45
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Charles Armstrong, CEO & Managing Director
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