Jul 30, 2021
Monthly Digest: China Food Sector in July 2021
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Contents

  • Breaking News

  • Big corporate events

  • Investment and financing updates

  • Interesting & Noteworthy new products

  • Impressive figures

Breaking News

1. Hong Kong beverage maker Vitasoy triggered mainland consumers’ boycott because the company offered condolences to the family of an employee who committed suicide after stabbing a Hong Kong policeman. Mainland actors Gong Jun and Ren Jialun, who have endorsement cooperation with Vitasoy, announced to end ties with the company. In Henan province, where was hit by torrential rains and was in short supply of food and beverage, people emptied the supermarket shelves but left alone Vitasoy products.

dingtalk-20210729152425-1.jpgVitasoy products suffered boycott

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Shine Hu
ChemLinked Research Analyst
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