BAL may benefit from the latest IF regulation woes of some of...

BAL may benefit from the latest IF regulation woes of some of its competitors in China! (Following post copied from thread in A2M)
http://finance.sina.com.cn/chanjing/gsnews/2018-04-18/doc-ifzfkmth5780256.shtml

Chinese Authority says there are flaws in IF production for a few manufacturers. (I think the government is referring to their local factories in China.)
- Mead Johnson
- Shuangcheng Nestle
- Feihe
- Meilu



Below is google translation
On April 16, the newly-listed State Market Supervision Administration issued a letter on the inspection of the food safety production specification system of four infant formula manufacturing enterprises. The notification shows that Mead Johnson Nutrition (China) Co., Ltd. (hereinafter referred to as "Mead Johnson"), Shuangcheng Nestle Co., Ltd. (hereinafter referred to as "Shuangcheng Nestle") and Feihe (Gannan) Dairy Co., Ltd. (hereinafter referred to as "Flying Crane") Meiji Biotechnology Co., Ltd. (hereinafter referred to as "Mei") has four milk powder production companies with defects in various degrees in the production process.
The report shows that Mead Johnson has flaws in the maintenance of production license conditions and the implementation of food safety management systems; there are defects in the maintenance of production license conditions and the implementation of food safety management systems in Twin Cities; and the existence of flying cranes in the implementation of food safety management systems. Defects; Mei Hao was reported to have flaws in the implementation of the food safety management system.
For this notification, the relevant person in charge of the four dairy companies stated that they attached great importance to the results of this inspection. The relevant person in charge of Mead Johnson told the Beijing Business Daily that Mead Johnson had been rectified by the end of March. Dong Shubo, the public affairs manager of Nestlé North District, said that immediate rectification measures have been taken to ensure full compliance. In the future, Nestlé will take steps to prevent the recurrence of such incidents. The relevant person in Feihe said that after the on-site audit, Feihe immediately carried out rectification, Qiqihar Food and Drug Administration carried out rectification and confirmation of Feihe, and the problems raised by the inspection team had been rectified. Responsible person of the United States and the United States said that the United States has been rectified in accordance with the requirements previously requested, in the future will be strictly in accordance with the infant formula milk powder production license management rules.