Australian Economy China American Cold War

Bellamy’s must be blocked

Thursday, 19 September 2019

Via the always CCP happy clappy AFR:

The a2 Milk Company chief executive Jayne Hrdlicka has dismissed suggestions that Chinese authorities delayed approving a licence for rival Bellamy’s Australia to drive down its share price.

She said Chinese regulators had taken a “logical and sensible” approach to managing the country’s infant formula market.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.