MercoPress. South Atlantic News Agency
China's demand for infant milk makes NZ company shares surge 140% in one year
Shares in New Zealand dairy firm - The a2 Milk Company (A2) - were up more than 30% in Sydney on Friday after the firm raised its full-year earnings forecast on demand for its infant formula in China and Australia. It is the second time since November the company has raised its guidance.A2 said group revenue could reach US$ 212 million for the period, up from US$180. Read full article
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Disclaimer & comment rulesBRICS is a giant. At every step the world trembles.
Dec 19th, 2015 - 05:58 am - Link - Report abuse 0https://www.youtube.com/watch?v=7mCh1Kw1JOY
The only trembling is the excitement of making money.
Dec 19th, 2015 - 08:08 am - Link - Report abuse 0Brasileiros, it is quite obvious you didn't read the article.
Chinese people don't trust their government or regulatory bodies. But they trust AUSTRALIA'S.
“...China's level of faith in imported products is so strong - they did not need to change their packaging for sale on the mainland.”
“Chinese buyers want to know the products are from Australia or New Zealand”
They aren't showing the same level of trust in Brazil or India or Russia. More Chinese know and trust Australian products than care about BRICS.
Iron out. Which other product Australia is competing of Brazil? Fresh meat, poultry and agricultural products to Australia is no longer our competitor.
Dec 19th, 2015 - 12:29 pm - Link - Report abuse 0https://www.youtube.com/watch?v=8R7Rph5c10o&list=LLmXPTu1f8AdGlizWNiASx2A&index=61
Interesting to see that the actual population of China does not trust in their own products, and also not from the BRICS countries.
Dec 20th, 2015 - 02:18 am - Link - Report abuse 0They will only trust to feed their babies with formula from 'The West'.
What can we all learn from this?
Brasileiros
Dec 20th, 2015 - 07:09 am - Link - Report abuse 0Finally a rational question from you.
Australia exported US$64,627 million to China in 2014. Once you take out US$36,295 million for iron ore you're left with US$28,332 million.
Brazil exported US$42,227 million to China in 2014.
So I'd say that we're competing quite well on $28 billion worth of goods.
And as the article shows, the Chinese love Australian quality.
@ 4, 5 Ilsen/Skip
Dec 20th, 2015 - 11:43 am - Link - Report abuse 0The big advantage that I observe in the foreign trade of Brazil is that the exports are concentrated in products from Brazilian companies.
This makes the wealth generated through trade actually stay in Brazil. Some countries do not have this advantage. Exporting companies are mostly foreign-funded enterprises that will drive profits to their headquarters overseas.
Two typical examples of this are Mexico and Colombia.
And in Australia it also occurs or not?
https://www.youtube.com/watch?v=LvVsmOe4HUg
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