Shares in Australian baby and infant formula firm , Bellamy , fell by 40 % after it warned new regulations relating to food and ensuring good imports in China will reduce its emissions . The world ’s largest infant formula market with sales valued around $ 20bn make China a crucial market for manufacturers in Australia and New countries . Long - assisted breastfeeding is less common among Chinese mothers and those who can afford it have tended to import milk from abroad due to safety issues associated with domestic Chinese brands .
Shares in Australian baby and infant formula firm, Bellamy, fell by 40% after it warned new regulations relating to food and consumer good imports in China will hit its revenues. The world’s largest baby formula market with sales valued around $20bn make China a crucial market for manufacturers in Australia and New Zealand. Long-term breastfeeding is less common among Chinese mothers and those who can afford it have tended to import formula from abroad due to safety issues associated with domestic Chinese brands.