French biscuits, water and yoghurt group Danone said yesterday that
it had signed a joint venture with China's leading dairy Mengniu to
cooperate in the production and distribution of fresh dairy
products in China.
New Zealand dairy co-op Fonterra said today that it will set up a
best practice dairy farm in China to provide quality milk for
Shijiazhuang SanLu, the Chinese dairy in which it holds a 43 per
Chinese dairy Yili, one of the country's top two, has increased
sales and profits in the first six months of the year despite
rising raw material costs, reinforcing its market share in the
fast-growing dairy sector.
When a company 'gives back' to the world through charitable
donations, should we wholeheartedly commend it for being a good egg
or sniff cynically at the profit potential that underlies every