date:Feb 13, 2014
t 3 percent of what it is in France.
Sales of dairy products in China are expected to nearly double from 2012 to 2017 to about $89 billion, according to projections by business consulting firm Frost Sullivan.
China is also an important market for Danone's baby food division, which makes up 20 percent of group sales, making it the No. 2 contributor after dairy.
Danone's latest commitment to China comes after it suffered a series of setbacks last year, including being fined for anti-competitiv