As Macrae wrote:
On Mar. 19 China rejected a $2.4 billion bid by Coca-Cola
for China's top juice maker, Huiyuan Juice <1886.HK>,
blocking what would have been the largest-ever takeover of a
Chinese company by a foreign rival. The Ministry of Commerce
made the ruling on grounds that the merger would have been bad
for competition. (Reuters)
And everyone in Swan's office would have know this and something else - the reason given by the Ministry of Commerce was nonsense in the Chinese context.
For me, thank you Swan - good job
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