The plant covers 21,000 sq m in the Bohai New Development Area, which is the largest national economic development zone along China’s east coast. Cargill, New Hope Group and Hebei Bohai Investment Group have launched a US$100 million oilseeds processing plant in Huanghua, Cangzhou in Hebei Province, and has an[Read More…]
China
Yum China buys majority stake in Daojia
Terms of the deal to buy the majority stake in the holding company of DAOJIA.com.cn were not disclosed, though details will be finalised by the close of May. Yum China Holdings has purchased a controlling stake in Daojia, a food delivery firm, in a bid to improve the restaurateur’s outgoing[Read More…]
Nestlé China unveils milk powder with benefits
The product was launched during the 13th China Nutrition Science Congress held by the Chinese Nutrition Society in Beijing. Nestlé has added a new milk powder with cognitive benefits for adult consumers in China, as part of its Yiyang brand. The ‘senior milk powder’ is specifically designed to help people[Read More…]
