In the news: Danone ups stake in Mengniu, environment ministry strengthens and officials are disciplined
February 13, 2014 | BY
clpstaff &clp articlesThis week Danone tried to win back Chinese consumers, the government gave more power to the Ministry of Environmental Protection and the Party publically shamed corrupt officials
Danone increases stake in Mengniu
French group Danone will raise its 4% stake to 9.9% in China Mengniu, the world's biggest yoghurt maker. The stake would be combined with the