China dairy destroys tainted milk promises tough checks

China Mengniu Dairy Company said it has destroyed a batch of milk found to have elevated levels of a cancer-causing substance aflatoxin.

The company said none of its products currently being sold were affected and that it will implement tougher safety checks going forward.

It has blamed spoiled cow food for the contamination.

Shares of Mengniu, China's biggest dairy company, fell 21% on the Hong Kong Stock Exchange.     Read Here