Thursday, August 14, 2014

Lastest China China Sourcing Group News

China's Food And Drugs Saga: Xi Jinping's True New Plan

“This number”, he meant, “represents about the group of large foreign players on the local formula milk market”. Therefore, only a tiny … In June 2014, Guillaume Bourdin, the CEO of Dumex (a formula branch of Danone Danone, the second global dairy …
Read more on Forbes


China to fine Audi million for breaking monopoly law, paper says

Citing an unidentified source that the paper described as authoritative, the fine to be imposed on the Volkswagen Group subsidiary is calculated based on a percentage of its 2013 car sales in the central province of Hubei. Under the 6-year-old anti …
Read more on Automotive News


Standard Bank CEO Optimistic About South Africa Economy

JOHANNESBURG—Standard Bank Group's joint chief executive, Sim Tshabalala, said he was optimistic about South Africa's economy, just as his bank announced interim earnings that reflected the toll the slowdown there is taking on its operations. Standard …
Read more on Wall Street Journal



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