Public reaction as China probes alleged price fixing of baby formula

The video discusses the economic burden of milk powder prices on families, particularly those with low income. It highlights the potential role of the government in reducing these prices to alleviate financial stress. Despite high costs, there is a preference for imported milk powder due to safety concerns with domestic products. The video concludes with a note of thanks to the viewers.

What is the main issue discussed in the first section regarding expensive products?

• The need to stop consuming them

• The increase in their quality

• The decrease in their availability

• The economic burden they create

How does the government plan to alleviate the economic burden according to the second section?

• By providing subsidies for local goods

• By increasing local production

• By reducing taxes on luxury items

• By making imported goods cheaper

What is the expected outcome if the government reduces the cost of imported goods?

• Reduced economic burden

• Higher consumption of local goods

• Decreased quality of imported goods

• Increased economic burden

Why do low-income individuals face challenges according to the final section?

• Due to high local production costs

• Because of the lack of imported goods

• Because imported goods are unsafe

• Due to the high cost of imported goods

What is a major concern for consumers regarding local products?

• They are more expensive than imported ones

• They are not available in the market

• They are of higher quality than imported ones

• They are not as safe as imported ones