Can Australia Withstand Another Swipe From China?, page-71

  1. 7,026 Posts.
    lightbulb Created with Sketch. 181

    Chinese Households Desert Aussie Milk-Dairy Products!
    "Market share of foreign milk brands on Tmall has declined to 23 per cent this year, versus 35 per cent in 2019 and 52 per cent in 2016"Nationalism cited as key reason for weaker sales of foreign brands, says Mark Tanner of Shanghai-based market tracker China Skinny..
    3
    An employee arranges cans of infant milk powder inside a store in Shanghai. Photo: BloombergAn employee arranges cans of infant milk powder inside a store in Shanghai. Photo: Bloomberg
    An employee arranges cans of infant milk powder inside a store in Shanghai. Photo: Bloomberg
    "Foreign milk producers
    are losing tremendous ground in China during the coronavirus pandemic, as nationalistic fervour influences sales amid souring relations with the United States and Australia."

    https://www.scmp.com/business/china-business/article/3102286/chinese-households-lose-their-taste-australian-dairy?utm_source=copy_link&utm_medium=share_widget&utm_campaign=3102286



 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.