November 19, 2013
China's Yashili's profitability rises 10% following reforms on one-child policy
After Beijing relaxed rules around its one-child policy, Chinese milk powder maker Yashili International Holdings Ltd sales rose more than 10%.
Beijing said that it would allow millions of families to have two children, in the country's most significant liberalisation of its strict one-child policy in about three decades.
Other Chinese baby-related products companies, such as Goodbaby International and Mengniu Dairy, also rose sharply following the reforms.
