NESTLE TO OPEN A PLANT IN CHINA

Highlights:

• Nestle has announced to open a plant-based food plant in China.
• The plant will be built with an estimated cost of $100 million and will be 72 miles away from Beijing.
• The Chinese food market is rapidly evolving and consumers are searching for more healthy and meatless options.

Sales of plant-based food in China has surged from $7.2 billion in 2014 to $9.7 bi....