Guangdong Brewery said that it was in talks with the world's five largest brewing groups with the aim of selling a 21 percent stake in the Chinese brewery. Heineken of the Netherlands, D... Read more
Danone Asia, a subsidiary of French food giant Group Danone paid the Shanghai government RMB 121.03 million (US$14.59 million) for a 3.58 percent stake in Bright Dairy & Food. Shanghai... Read more
Mongolian Dairy, China's fourth-largest dairy company, agreed to pay a record RMB 310 million (US$37.5 million) for an advertising spot after the prime-time evening news on national tele... Read more
Guangming Dairy & Food Co announced that Danone Asia purchased a 3.85 percent stake in the Shanghai-owned dairy products maker. Danone paid RMB 121 million (US$14.6 million) for the sta... Read more
Wal-Mart announced that it expects its China-based procurement to reach US$15 billion for the year. This is an increase from US$12 billion in 2002 and US$10 billion in 2001. The US-based ret... Read more
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