424View
1m 59sLenght
6Rating

Fonterra, the world's biggest dairy exporter, bet the farm on Chinese demand for one commodity: milk powder. But as Chinese consumers have gotten wealthier, demand for the product has fallen. Now, the New Zealand dairy giant is hoping consumer foods are the key to its revival. Photo: Zuma Press Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/