France's Danone launches joint projects with Mengniu
By Wang Zhuoqiong | China Daily | Updated: 2013-05-21 07:06
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Mengniu Dairy Co Ltd's milk products at a trade show in Beijing on May 1. Provided to China Daily |
French food giant Groupe Danone SA has invested in two joint projects with China Mengniu Dairy Co Ltd, a move that will help improve Danone's sliding market share in China and restore consumers' confidence in the country's dairy market.
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