In the News
Non-Tariff Barriers - China Toughens Dairy Regulations
14th July 2017
Here is a good example of non-tariff barriers in action.
In part the Chinese decision to toughen up regulatory compliance in the dairy sector is a response to the Chinese milk scandal of a few years ago which left hundreds of thousands of infants ill and led to a number of deaths. Sales of imported formula milk have surged into China as parents have shifted their parent due to the loss of trust in local brands.
According to the Financial Times, "international dairy companies will only be allowed to register a maximum of three brands in China, to prevent a proliferation of foreign brands crowing out domestic ones weakened by the 2008 melamine scandal."
The end of the one child policy is likely to lead to a significant rise in demand for infant milk formula and many transnational brands have earmarked China as a market of huge commercial potential.
I've added below another example of non-tariff barriers into China affecting car makers
You might also like
Is the Great Catch Up slowing down?
9th October 2014
China accepts creative destruction
22nd May 2014
Chinese FDI in Africa
15th May 2014
China’s Development - Past Present and Future
25th January 2014
China at the Cutting Edge
19th September 2013
Today Singapore and Japan, Tomorrow China
10th February 2013
Patents
Study Notes
Sovereign Wealth Funds
Study Notes