Swiss companies are disadvantaged and spied on in China. The Federal Council should finally demand equal rights, it is said from the economy.
Nobody wants to confirm it. But the case is exemplary of obstacles in China. Two Swiss baby food manufacturers have been waiting for a sales license for almost two years. These are Nestlé and Hochdorf. Nobody knows where it’s stuck. It can’t be because of the quality. “We have successfully passed Chinese audits here on site,” says a Hochdorf spokesman.
Wait, wait, and wait again.”
Tag: Nestlé
Nestle sells raw milk facility in China | China Daily
Switzerland-based food and beverage giant Nestle SA announced it has sold a 95 percent stake in one of its Chinese dairy manufacturing facilities to a local player, as it looks to reduce its raw milk powder output in an oversupplied market. Nestle Hulunbuir Ltd will become a joint venture called Saishang Nestle Hulunbuir Ltd, with the 95 percent stake held by Longhua Zhongchen Enterprise Management Consulting Centre, a shareholder of Ningxia Saishang Dairy Ltd. Nestle will retain the remaining 5 percent stake in the joint venture.
@ China Daily | May 25, 2018