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Nestlé forecasts 20% sales growth in China
date:Sep 15, 2012
coffee segment in the country, as Chinese consumers drink four cups of coffee on average annually, while the figure is 150 in Hong Kong, 400 in Japan and 600 in the US.

In 2011, the company acquired a majority stake in Hsu Fu Chi, a Chinese snack and candy maker, and Yinlu Foods to strengthen its business in the country.

12/23 05:29