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New Zealand's dairy giant Fonterra to strengthen presence in China with innovation, says CEO
Despite the global economic slowdown, China has numerous opportunities and huge potential for multinational companies like Fonterra to "continue to innovate with our customers," Fonterra CEO Miles Hurrell has said. "I'm really excited about what this market has to offer, and the medium to long-term prospects are still great," Hurrell told Xinhua, adding that during his first visit to the China International Import Expo (CIIE), he saw "the positive nature of the Chinese economy." "You can feel it. You can feel that people are looking for something new. They're looking for new, innovative products," he said. ... (full story)
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