CHINA: Nestlé to up investment in China after WTO entry
Swiss food behemoth Nestlé will increase investment in China after the country's entry into the World Trade Organization. Speaking at a recent ceremony to launch a R&D centre in Shanghai, Josef M. Mueller, head of Nestlé's China operations, explained: "Our business in China will increase faster than the country's economic growth considering the vast market potential and rich tradition for good food in the country."
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