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

Fonterra Co-operative Group, New Zealand’s largest company and dairy exporter, is “extremely disappointed” after China partner Beingmate widened its loss forecast for 2017 from the 350 million yuan to 500 million yuan range to between 800 million yuan and 1 billion yuan