Nestle has confirmed that its Greater China chairman and chief executive officer John Cheung will leave his current position and transfer to another important position in Nestle Group.
Chinese dairy company Mengniu has signed a three-party acquisition agreement with Yashili and Danone.
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.
New Zealand-based Fonterra Co-operative Group has announced plans to build 30 pastures in China before 2020.
Synlait Milk Limited, Bright Dairy's subsidiary in New Zealand, was listed on the New Zealand Stock Exchange with the stock code of SML.
A top executive from Abbott recently presented at the China International Food Safety & Quality Conference 2012 and said the company is building a state-of-the-art nutrition manufacturing plant in Jiaxing.