Tue, Jul 09, 2013 - Page 15 News List

Danone cuts PRC formula prices by 20%

BABY KNOWS BEST:Some foreign firms take advantage of fears that locally made children’s products may be contaminated and overprice their goods, experts say

Bloomberg and Reuters, SHANGHAI

Shanghai Tongzhen Trading Co sells the toy for US$27 on Chinese e-commerce platform Jingdong Mall.

Cai Junfang, a Shanghai woman who has a two-month old baby girl, says she manages the high prices by breastfeeding and using local diaper brands.

“The prices of imported baby goods are indeed very high,” Cai said, adding that the quality of imported goods was generally better than domestic products.

However, when it comes to her baby’s milk formula, she’s not taking chances.

“There has been too much media exposure on the domestic formula safety. The most important thing is my baby’s health,” she said.

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