date:Jul 09, 2014
established Western multinationals, local BRIC firms are enjoying a period of sustained growth. This year has seen the first Chinese firm Tingyi, a company specialising in instant noodles and beverages enter OCCs Global 50 index at number 41, with two other Chinese firms, Yili Group and Mengniu, narrowly missing out on a top-50 spot. In addition, the four Global 50 firms based in emerging markets JBS and Brazil Foods in Brazil, Grupo Bimbo in Mexico and Tongyi in China grew by 14.6% in 2013.