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Dairy producer Yili's competition with peer Mengniu goes upscale

It is paying 4.6b yuan for a stake in China's largest organic milk producer China Shengmu Organic Milk

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Inner Mongolia Yili Industrial Group Co's competition with China Mengniu Dairy Co in the US$52 billion Chinese dairy market is going upscale, centring on a premium, organic segment that makes up just one per cent of the country's milk consumption.

Shanghai

INNER Mongolia Yili Industrial Group Co's competition with China Mengniu Dairy Co in the US$52 billion Chinese dairy market is going upscale, centring on a premium, organic segment that makes up just one per cent of the country's milk consumption.

Yili is paying 4.6

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