Abbott, Fonterra Team To Build Milk Farm In China
Abbott and Fonterra have signed an agreement to jointly build a cow breeding base in China.
Health
China's Huishan Dairy Teams With Dutch Company For Joint Venture
China's Huishan Dairy Holdings Company Limited and Netherlands' Royal FrieslandCampina N.V. have reportedly entered into exclusive talks for creating a joint venture to produce and sell infant milk formula in China.
Watsons Hits 4,000 Outlets Worldwide Mark
Hong Kong beauty and health care retailer Watsons announced that the company now has over 4,000 retail outlets around the world and they plan to open 700 additional stores in 2014.
Foreign Firms Invest In China's Booming Healthcare Sector
Medipal Holdings Corporation and Mitsubishi Corporation have each purchased 20% of shares in major Chinese pharmaceutical wholesaler Sinopharm Group Beijing Tianxingpuxin Bio-med Sinopharm Holding Company Ltd. in Beijing.
Herbalife Gains New Chinese Direct-Selling License
U.S.-based nutrition company Herbalife can now conduct its direct-selling business in the southern Chinese province of Yunnan.
China's Tongrentang Pharmacy Opens New Store In Australia
The traditional Chinese medicine provider Beijing Tongrentang Group has opened a new medicine outlet in Cabramatta, a suburb of Sydney, Australia.
Intersport To Open Three New Stores In China In August
International sporting goods retailer Intersport has announced plans to open three new outlets in China in August 2013 to expand its international market.
Decathlon Prepares New Zhengzhou Store In October 2013
French sports supplies retailer Decathlon will reportedly formally enter Zhengzhou, Henan, in October 2013 by opening a new store in the city.
Watsons To Open High-end Supermarket in Chengdu
Watsons, the health and beauty retail chain under Hutchison Whampoa, will open its first high-end food supermarket named Great in mainland China.
Foreign Baby Products Brand Finds China Distributor
BioGaia has signed an agreement with Beijing Keyuan Xinhai Pharmaceutical Company Ltd. for the exclusive rights to sell BioGaia's ProTectis baby drops and ProTectis and Gastrus tablets through the retail pharmacy channel in China from…