Articles by 李栋 王叔坤

2016 Food Industry: 'Shedding', 'Falling', 'Losing'

As the industry continued its downturn, 'shedding', 'falling', 'losing', and 'crossing' became the four key words for the food industry in 2016. Giants like COFCO and Danone frequently divested loss-making businesses; companies like Meiwei 77 and Jingya Hotel failed to survive the industry winter due to poor operations; companies like Huangtai and Rio were trapped by their inability to keep pace with industry adjustments; and companies like Chuying Agro-pastoral and Biostime sought new profit growth through diversification.