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Lorna Davis, chairman and president for Kraft Foods China, said that the company plans to enhance the distribution of its Cadbury products in China and will increase the number of its distribution sites to about 40 Chinese cities in the next two years.

More than four years after it shuttered its Chinese retail banking operations, Bank of America's charity arm is now funding a conservation program in China.

U.S.-based H.J. Heinz Company has completed its acquisition of Guangzhou-based Foodstar, a manufacturer of premium branded soy sauces and fermented bean curd.

Chow Tai Fook Group held a groundbreaking ceremony for its China jewelry headquarters building in Yantian district, Shenzhen.

Chinese hotpot restaurant chain Little Sheep has announced that Wang Daizong, chief financial officer of Little Sheep, has resigned.