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| Thursday, October 16, 2008 00:37:04 |
Virgin Drinks retreats from Chongqing
Virgin Drinks, Europe’s third largest beverage maker, has pulled out of the race for market share in western China’s Chongqing municipality, Chongqing Today reported. Its local assembly lines had already lain idle for several months amid an ongoing dispute with local bottler, Sichuan Yunli Industries Co. Virgin Drinks, which is owned by Richard Branson’s Virgin Group, began working with Sichuan Yunli in 2005 ...
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