China’s Dairy Imports Hold Steady Amid Slow Economy
China continues to import significant volumes of butter, cheese, and milk powders despite slowing economic growth and expanding domestic milk production. However, overall import levels remain below their historical highs, says Betty Berning, analyst with the Daily Dairy Report. According to Berning, China’s push toward dairy self-sufficiency—through heavy investments in large-scale farms—has reduced import values…
India must open up for imports to capture foreign dairy market
Niti Aayog member Ramesh Chand has proposed that India enhance its dairy exports as production in the country surpasses demand. This requires enhancing India’s competitiveness, while also opening up to dairy imports through free trade agreements with other countries, he said. “India’s dairy industry has been opposing any free trade agreement that involves liberalisation of…