Nestlé and French dairy giant Lactalis have pulled batches of baby formula over cereulide contamination.
China's record-low birth rate means that P&G has to get creative to increase diaper sales, even if fewer babies are born.
Chinese authorities are urging Nestlé SA to work quickly in recalling baby formula products in the mainland over potential contamination concerns.
China's efforts to bolster birth rates have yet to address the core reasons for their rapid decline, according to analysts. The number of new marriage registrations also plunged by 25% year on year ...
China’s birth rate fell last year to its lowest level since 1949, highlighting a deep demographic struggle despite incentives ...