Inner Mongolia’s Mengniu Dairy and Yili Group Vie for Dairy Supremacy

Shares in Inner Mongolia Yili Industrial Group Co and China Mengniu Dairy Co have soared to all-time highs as the companies hunt aggressively to build up their milk supply chains through foreign acquisitions. With China’s dairy demand forecast to grow 37 percent to $76 billion in five years-overtaking the United States to become the world’s

Royal FrieslandCampina (Netherlands) and Fonterra (New Zealand) Promoting the Use of Dairy Ingredients in China

In an industrial kitchen in a leafy, residential suburb of central Shanghai, a quiet culinary evolution is taking place. Beside shelves stacked with butter mounds the size of bread loaves and 11 pound (5 kilogram) cheese wheels, chefs are experimenting with exotic ingredients that their New Zealand supplier, Fonterra Cooperative Group Ltd, wants to become