date:Jun 28, 2013
of Carlyle-backed Yashili International Holdings Ltd. That was its second acquisition in a month.
But the meat and fresh produce sectors remain fragmented.
China needs to encourage this kind of consolidation not only in the dairy sector, but also among its many other food manufacturers to create some national giants with the scale and resources to implement strong quality control to ensure product safety, China's state-run Global Times said in a commentary last week.