China Tells

Guangming Group is Shanghai’s No.1 Brand in dairy products. I still remember that I receive a bag of milk with ‘Guangming’ on the face every morning when I was a child. Recently Guangming Group has been tied to a rumor of investing 1.4 Billion USD in Australia’s No.1 Sugar producer: CSR (See Article from Forbes). CSR is in the process of splitting the group into two business segments: property and sugar. Once they spin off the sugar assets, CSR group is believed to achieve a better valuation on the stock market. Guangming Group is one of the Chinese conglomerates that show interest in Australia’s commodity assets, precedented by Aluminum and Iron Ore sector. Rumor says there are other competition such as Cargill, CJ, and British Sugar interested in CSR Sugar.

中国光明集团被传闻有意收购澳大利亚白糖集团CSR。CSR是澳大利亚最大的食用糖生产集团，光明集团以光明牛奶闻名上海。光明集团这次得出手只是中国众多大公司收购澳大利亚大宗商品公司的一部分，之前有其他公司对澳大利亚的铁矿砂和铝矿等资源性企业产生过兴趣。