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Forget Baidu The next greatest investment for your portfolio might just be baby formula. It's become such a hot commodity that more people have been arrested for smuggling baby formula out of Hong Kong than cocaine and heroin, combined. And yes, I'm completely serious. Here's what investors need to know. Supply and demand China doesn't have the greatest reputation when it comes to safe consumer products, and Chinese baby formula is no exception. For example, in , , Chinese babies got sick after consuming baby formula laced with the toxic chemical melamine -- and six babies died as a result. In March of this year, Xile Lier , Hero Group 's Chinese distributor, admitted to 'adulterating' its baby formula with 'various mixed sources,' even though the label read, ' percent imported dairy from the Netherlands. Not surprisingly, these scandals, along with myriad others, have caused parents to completely lose faith in Chinese baby formula companies, and now there's massive demand for formula from anywhere but a Chinese company. Consequently, grocery store shelves have been stripped of foreign baby formula, and online demand is even higher, as parents are even wary of formula that's not purchased outside of China. In America or the U. There's been such a run on baby formula, that retailers in the U. This has resulted in Chinese parents asking friends living abroad to buy formula in bulk, and ship it to awaiting parents. Who's benefiting The safety concerns surrounding infant formula in China are grim, and parents have real reason to be wary. Additionally, because the demand for foreign baby food has reached such epic proportions, countries outside of China are seeing a shortage. This has lead to rationing in countries like Germany, even though baby food companies are trying to increase production. So, while baby food safety concerns aren't great for Chinese parents or their babies, it's a golden opportunity for foreign baby food companies with domestic producers, like Mead Johnson Nutrition , Nestle , and Danone 's Dumex, to increase market share. This is because in China, unlike in the U. Because of the scandals, domestic companies are taking a major hit. With their domestic producers in China, the above three companies are in an enviable position. Dumex, in particular, seems especially poised to prosper, as it's the leading formula brand in China. Additionally, even though Dumex's formula is made in China, it's taken an active role in assuring Chinese parents that it's Chinese factories have even higher safety standards than it's factories in Europe. This approach has gone a long way in assuring scared parents that Dumex's formula is particularly safe. Profiting from our increasingly global economy can be as easy as investing in your own backyard. Click here to get your free copy before it's gone. Fool contributor Katie Spence has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. All rights reserved. Katie Spence, The Motley Fool. Updated July 15, at AM. Elections 20 See all. See all elections. In Other News Entertainment Entertainment. The Today Show. Jenna Fischer opens up about new short hair and not shaving head during chemo. Food Food. Associated Press. Toasted oats add flavor and crunch to hearty maple scones. Eating Well. Lighter Side Lighter Side. Good Morning America. Lighter Side. Man says roommate's girlfriend can't come over anymore because 'she ate all my food —…. News News. Hezbollah hides millions in cash, gold under Beirut hospital, says Israel. Prosecutors: Ex-officer's gunshots put people in danger the night of deadly Breonna T…. Sports Sports. WNBA players union decides to opt out of current collective bargaining agreement. Yahoo Sports. Weather Weather. Tropical Storm Oscar dumps heavy rain on eastern Cuba as it heads toward the Bahamas. New Mexico authorities rescue hundreds after flooding strands many in high water and …. Related articles.
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Over the years the festival has grown in popularity and has featured the biggest stars of the time, such as filmmakers Michael Scorsese and Michael Moore, or Hollywood stars Javier Bardem and Will Smith, to name a few. With its iconic gold olive branch, the festival has been praised for promoting less well known and smaller budget films to its line up. The festival showing in was cancelled due to the coronavirus outbreak and its plan is currently very uncertain. Thus, we look back at the festival before the current global crisis. The film is presented so confidently and is assertive in its tone that Parasite will stay in viewers minds for many years to come. Following similar themes to Snowpiercer, Parasite makes the issue of class a central theme of its story. When two families, one rich and one poor, begin to interact due to work, their relationships become increasingly complicated and entangled with shocking results. Rocketman is the documentary film of legendary musician Elton John. At the time of its release, it was compared at the time with another biopic film released a year earlier, Bohemian Rhapsody. The films clear vision is evident from start to finish and is presented with an added dose of flair. Once Upon A Time in Hollywood retains many of the key themes found in a Tarantino movie — the action, the gossip, the violence, and with continuous movie references — they are all very present. However, underneath all the stylistic choices, viewers will find another very well made and challenging movie. As a star duo, Brad Pitt and DiCaprio provide a brilliant introduction into the world of TV and film of the late s. Both deliver outstanding performances, with DiCaprio in full performance as an insecure drunk actor whose best days are long gone, and Pitt as his trusty former stunt double, a handyman who can handle himself in a brawl. With a series of flashbacks and a narrative voiceover to help the story progress, the story builds to a final crescendo and chaos ensues in the last part of the film. The film follows a director, Salvador Mallo Antonio Banderas , who has not made a film in years. His health is the main focus for the protagonist, and he spends most of his free time closed off from the outside world brooding about his past. His stupor is interrupted when a popular cinema begins showing a retrospective of his work. Both characters form a bond over a heroin addiction, which Salvador seemingly develops out of incessant boredom and subsequently struggles to control. Salvador and the audience are left to wonder what went wrong in the time between late adulthood and the early years. The film was critically acclaimed, and won Antonio Banderas the Best Actor prize. The Cannes film festival January 30, Blog. The French Riviera has lo December 1, Courcheval — The luxury ski resort Beauty, Luxury, Privacy — of all the places in
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