China’s infant-nutrition market is one of the fastest growing consumer businesses in the world, despite the 1-child government policy. This provides ammunition for my criticism of the article in #msg-74753896, which no one on this board commented on yet!
By buying PFE’s infant-nutrition business, Nestlé’s market share in China went from 2% to approximately 20%.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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