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Anchor already sells 100 million liters equivalent of liquid milk products annually in China, including ambient yogurt, dairy foods and adult milk powder, Christina Zhu, president of Fonterra China, told China Daily in an earlier interview.
Analysts and the capital market are optimistic about the company's prospects, at least in the short term. Alexious Lee at investment bank Jefferies Hong Kong expected Great Wall Motors' sales to grow at least 7 percent in the second half this year and outperform the overall market, thanks to new models, flexible financing and China's antipoverty campaign.
Analysts say its sales in the world's largest car market would grow even further if it can improve the production of the cheaper Model 3 sedan.
An overseas exhibitor details his company's solutions to Chinese visitors during the previous show in 2018. [Photo provided to China Daily]
And in a 65-year life, that person will have spent nine years glued to the tube, according to A.C. Nielsen Co.