While major food companies look to China for growth, the government in China looks set to play a...
While major food companies look to China for growth, the government in China looks set to play a little defense. State-owned China Foods says it will buy wineries in the U.S. and Australia to help the nation compete on the wine front. The bigger issue: Will China stand pat on the coffee front while Nestle (NSRGY.PK) and Starbucks (SBUX) invade its turf?
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