A defiant message
| BY
clpstaff &clp articlesChina's rejection of Coca-Cola's bid for Huiyuan Juice on anti-monopoly grounds stirred debate on protectionism, and raised unwarranted concerns about future M&A activity in the country
By Stephen Mulrenan.
China's Ministry of Commerce (Mofcom) announced its much anticipated ruling on Coca-Cola's bid for the country's top juice maker Huiyuan in March. But the vitriolic response that followed caught it very much by surprise.
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