Caixin
Sep 24, 2013 04:26 PM

CASS Expert Calls Gov't Help for Certain Dairy Companies Rotten Milk

(Beijing) – An expert at the Chinese Academy of Social Sciences (CASS) has criticized the government's decision to support five domestic dairy firms as a violation of market principles.

Inner Mongolia Yili Industrial Group, China Mengniu Dairy Co., Heilongjiang Wondersun Dairy Co., Feihe International Inc. and Treasure of Plateau Yak Dairy Co. have been picked to receive the help, sources at the companies say.

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