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Mainland Chinese purchases push up Taiwan’s milk formula prices

Imported infant formulas are getting more pricy and difficult to find in Taiwan because businesses are reselling them to mainland China for profits, Democratic Progressive Party (DPP) Legislator Chen Chi-mai said on Tuesday. The rises in prices come despite Taiwan’s recent tariff concessions on the imported formulas and an increase in import volume of the products, Chen pointed out in a joint press conference with his DPP colleagues Yeh Yi-jin and Lin Shu-fen.