Does China Require Goat Infant Formula Manufacturers To Label Lactose Origin?
Aug 20, 2019
Lennie Tao
On August 15, 2019, Blue Orca, a short selling investment firm, published its opinions on Ausnutria Dairy Corp Ltd claiming that Ausnutria inflates revenues, hides costs, misleads Chinese consumers, etc. Blue Orca also claimed Ausnutria's goat infant formula used incompliant labeling, specifically its labeling of lactose. However, according to SAMR officials from the Center for Food evaluation, it is not required to indicate the source of lactose.
On August 15, 2019, Blue Orca, an activist investment firm, published its investment opinion [1] on Ausnutria Dairy Corp Ltd detailing an extensive investigation which indicated that Ausnutria inflates revenues, hides costs, misleads Chinese consumers, etc.
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