China Economic ReviewThe Ministry of Commerce (MofCom) announced that it is tightening controls on imports of dairy products in order to protect a domestic dairy industry that has struggled to rebound from last year’s contamination scandal, the South China Morning Post reported. The new rules stipulate that importers of fresh milk, milk powder and whey will need […]
David Reid is the chairman of the world’s third-largest retailer, Tesco. He states there have been tremendous changes and development in China following the adoption of the reform and opening-up policy (which is not arguable), and the world today needs China more. David Reid told Xinhua that he is very familiar with China. Nearly 30 […]
Henkel’s regional head of adhesives says the acquisition of National Starch will boost its China business
Chinese brands are pushing outward while their Western counterparts backpedal
PepsiCo opened a new factory in China last week and plans five more over the next two years as it tries to boost its China sales, the Wall Street Journal reported. The new plant, located in Chongqing, will manufacture beverages including Pepsi-Cola, Mountain Dew, Gatorade, Tropicana juices and bottled water. The planned factories will be […]