News Analysis
After 24 years in China, Abbott, the largest U.S. supplier of infant formula, has decided to pull out a significant part of its operations from China.
Abbott Withdrawing Infant Formula From China Amid Declining Birth Rates
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A woman looks at baby milk powder in a supermarket in Nanjing, east China's Jiangsu Province, on March 29, 2013. STR/AFP/Getty Images
By Shawn Lin
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