Japan's Meiji pours it on in China's milk market

Dairy maker's Chinese business set to profit in FY2018 while Japanese sales sag

20180816 meiji china

Meiji Holdings' milk at a Shanghai supermarket. The milk costs about 50% more than the company's similar product in Japan.

SAKI MASUDA, Nikkei staff writer

TOKYO -- Meiji Holdings' milk business in China is gaining momentum, with the Japanese dairy product maker on track to turn a profit there for the first time in the current fiscal year.

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