Archives for December 20, 2011

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Chinese food group invests in non-fried noodle production

By Jennifer Phang

Sichuan-based Hao Ji Group is investing 60bn Chinese yuan (US$9.45m) to boost noodle production at two main sites to a capacity of more than 700,000 tonnes of noodles with up to 12 varieties of Chinese grains.

Hostility towards FDI will not put off internationals

By Kacey Culliney

India’s foreign direct investment (FDI) law for its retail sector was put on hold earlier this month following political opposition, but this will not impede internationals entering, according to an analyst.