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Chinese Regulatory Backdown

  1. hardt

    146 posts.
    The indefinite delay is a big win for vitamin makers Blackmores and Swisse, which were facing complex new licensing and labelling requirements in China. The backdown should also benefit infant formula makers a2 Milk Company and Bellamy's Australia, which have been hurt by uncertainty on how the new regulations would be implemented."

    "We welcome the updated regulations from the Ministry of Commerce in China, as it signals a strengthening of the commitment to the cross-border e-commerce channel from the Chinese regulators," Peter Nathan, chief executive of a2 Milk, said.


    [​IMG]


    http://www.afr.com/business/retail/...in-boost-for-aussie-exporters-20170320-gv28fe

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