--File--A visitor is seen at the stand of Nestle during a fair in Shanghai, China, 6 November 2011. Nestle SA, the worlds largest food company, said
Image details
Contributor:
Imaginechina Limited / Alamy Stock PhotoImage ID:
W95K58File size:
21.2 MB (728.4 KB Compressed download)Releases:
Model - no | Property - noDo I need a release?Dimensions:
3562 x 2081 px | 30.2 x 17.6 cm | 11.9 x 6.9 inches | 300dpiDate taken:
6 November 2011Photographer:
ImaginechinaMore information:
--File--A visitor is seen at the stand of Nestle during a fair in Shanghai, China, 6 November 2011. Nestle SA, the worlds largest food company, said China sales will probably grow about 20 percent this year because of rising wages and the governments policy to boost local consumption. The slowing growth of Asias biggest economy hasnt affected the local operations of the Vevey, Switzerland-based company, which has seen expansion in most of its businesses, including dairy products and coffee, Greater China Chairman Roland Decorvet said in an interview today. Nestles China sales increased by more than 20 percent last year and will grow by a double-digit percentage in 2013, he said. Nestle bought 60 percent stakes in Hsu Fu Chi International Ltd., a Chinese snack and candy maker, and Yinlu Foods Group last year to expand in the market. The company said Feb. 16 its sales in China were approaching 5 billion Swiss francs ($5.3 billion).