China infant nutrition challenges: Feihe’s profit shrinks 33.5% as country struggles with low birth rate

By Tingmin Koe

07-May-2024 - Last updated on 07-May-2024 at 05:55 GMT

China’s infant formula giant Feihe says group profit was down 33.5 per cent in FY23, as the country struggles with raising its birth rate despite introducing a three-child policy three years ago.

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China infant nutrition challenges: Feihe’s profit shrinks 33.5% as country struggles with low birth rate

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