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Falling Chinese birth rates set to drag down global milk formula market

Financial Times

 

"Goldman Sachs forecasts zero growth for industry over next five years on shifting Chinese demographics"

"Goldman Sachs has warned investors to expect five years of zero growth in the global market for infant milk formula, as China approaches a critical demographic inflection point and the world’s most important market runs short of new babies."

Leo Lewis in Tokyo and Edward White in Seoul

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