Nestlé opened a production factory for Gerber Nutripuff, which is a cereal snack for babies, in China. The USD 14 million plant located in Harbin is an important step in Gerber’s localisation process. Gerber is a brand belonging to Nestlé.
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Renminbi Hub in Switzerland has 13 partner banks
In 2016, the China Construction Bank (CBC) established the Renminbi Hub in Switzerland and since then, is developing cross-border business with the currency in...