People's Republic Of China

Mason Financial now has a 75% stake in Australian company Blend and Pack.

Mason Financial takes controlling stake in Blend and Pack

By Jim Cornall

Mason Financial Holdings Limited and nutrition company Wattle Health Australia Limited have bought an 80% stake in Australian infant formula and nutritional products manufacturer Blend and Pack Pty Ltd, for A$80m (US$60.8m).

ADB $125m support for Saikexing dairy expansion

ADB $125m support for Saikexing dairy expansion

By Jim Cornall

The Asian Development Bank (ADB) has signed agreements in Hohhot, Inner Mongolia, with commercial banks to support Inner Mongolia Saikexing Breeding and Biotechnology Group (Saikexing) to expand the domestic supply of milk in China.

China uncovers more melamine tainted milk powder

China uncovers more melamine tainted milk powder

By Guy Montague-Jones

Chinese authorities have closed a Shanghai dairy involved in the 2008 melamine scandal and arrested three of its executives after finding more milk powder tainted with the toxic chemical.

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