mushrooms can fly
Abbott can be regarded as an old brand that has developed in the Chinese market for many years, although Abbott’s business in the Chinese mainland market has been in a backward situation in the past two years. In terms of its infant milk powder products, although there have been negative rumors before, after all, Abbott has not had a big scandal like Sanlu. Therefore, the factors that affect the performance of Abbott’s infant milk powder business may not be what many people think Negativity haunts.
The first thing that affects its infant product market is the rise of domestic milk powder, and the second reason may have a lot to do with the decline in the national birth rate. Under the superposition of these factors, Abbott naturally had to stop losses, cut off the infant product line in China, and keep Abbott’s other businesses in mainland China.
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