Philip Morris International signed a licensing agreement on Wednesday with state-owned monopoly China National Tobacco to produce and distribute Marlboro cigarettes in China, the Wall Street... Read more
The world's largest beer producer, InBev, is set to pay US$750 million for Fujian Sedrin Brewery, the New York Times reported, citing people familiar with the talks. InBev is believed to... Read more
Eyeing China's growing market of milk drinkers, New Zealand's Fonterra Cooperative Group said it has agreed to invest US$107 million to obtain a 43% stake in Shijiazhuang Sanlu Group... Read more
China's retail sales were likely to be up 12.9% in October after rising 12.7% in September, according a Bloomberg survey of 18 economists. This would make it the most rapid increase in f... Read more
Kasen International Holdings, China's top leather products and furniture manufacturer, raised US$99.9 million at its Hong Kong IPO after pricing its shares at US$0.33, the low end of the... Read more
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