Logistics cost would go down. It's goat milk powder in bulk would be exported and not the liquid milk. Most of the processing would be carried out here. Mixing and packing would take place in China. All multi national companies follow this methodology of manufacturing in the country where they want to sell. Nestle manufactures in various countries like India, Malaysia, South Korea, to name a few. It's a wise move to increase market share in China.
BUB Price at posting:
97.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)