New Claims Against Danone, Subsidies for Domestic Firms
After accusing Danone of bribing Chinese doctors to provide their Dumex brand baby formula last...
industry consolidation
Mengniu Dairy to Buy Stake in Quality Control
Reuters reports on Mengniu Dairy’s deal to buy a sizable stake in China’s largest raw milk producer in effort to gain greater quality control over its milk supply: China Mengniu Dairy Co Ltd’s (2319.HK) deal to...
Chinese Web Video Rivals To Merge
US-listed Chinese online video rivals Youku.com and Tudou unveiled merger plans Monday in a deal worth approximately $1 billion, according to Bloomberg: The proposed deal will strengthen the new company’s ability to compete with...
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