In November Huishan instructed lawyers to prepare for its provisional liquidation after estimating its debt at as much as 10.5 billion yuan. Photo: AP

Dutch dairy giant buys remaining stake in joint venture with embattled China Huishan

Friesland Campina said it had bought the remaining 50 per cent of China Huishan Dairy Investments (Hong Kong) for around US$2 million

Topic |   Dairy industry

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In November Huishan instructed lawyers to prepare for its provisional liquidation after estimating its debt at as much as 10.5 billion yuan. Photo: AP
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Jane Li

Jane Li

Jane Li is a reporter covering China’s economy and social trends. She graduated from the University of Hong Kong with a master's degree in journalism. Prior to SCMP, she worked for Bloomberg Businessweek and her stories have featured in MSNBC, Quartz and the Financial Times’ Chinese site.