(Reuters) - More than a dozen countries in Asia and Africa have banned China dairy imports, and several others had recalled products by Wednesday, fearing potentially lethal melamine-tainted milk has ...
Yili is the largest dairy producer in China, having overtaken Mengniu in revenue and market share in the early 2010s. It has strategically targeted the ultra-high-temperature milk and yogurt segments, ...
Chinese dairy firm Yili is issuing CNY9bn (US$1.33bn) of new shares to fund investments including the acquisition of a stake in the country’s largest organic milk producer, China Shengmu Organic Milk.
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