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Pet Food—China’s Newest Frontier for Foreign Investment?

Wednesday, June 04, 2014  
Posted by: Emily Becker
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China Briefing

SHANGHAI – Business opportunities created in the wake of tragedy can be an uncomfortable subject for discussion, but few can deny the power of scandals to reshape markets and alter consumer behavior. When the tainted infant formula scandal hit China in 2008, causing six deaths and 300,000 cases of illness, it set off a wave of Chinese parents panic-buying foreign-made formula and “formula tourism” to Hong Kong and other destinations…

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