On April 16, 2020, Japanese probiotic beverage firm Yakult signed a cooperation agreement with Wuxi high-tech zone to build its largest plant in eastern China, Wuxi, Jiangsu Province. This is also the first major foreign investment project newly signed in Wuxi since the outbreak of COVID-19.
Yakult will invest about US$300 million in building a new plant in the city of Wuxi, aiming to meet the fast growth in the Chinese market. The construction will start in August this year and is expected to finish . . .
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