Thursday, July 18, 2013

Irish seek to expand dairy products in China


Irish seek to expand dairy products in China
Jim Bergin, CEO of Glanbia Ingredients Ireland Ltd, said that China’s dairy consumption is growing much quicker than dairy production and that he believes China needs to import more dairy products. Bergin pointed out that Ireland sells 85% of its dairy products overseas and that the country’s dairy producers have made connections with Chinese customers. He added that Irish dairy firms are looking to increase their business with the Chinese.
He better move quickly recently there have been many dairy deals inked between multinationals, in addition to that I should add I do enjoy buying Irish butter at my local METRO store here in China.
China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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