Its CHINA . Its a mou, it may be binding when everything is...

Its CHINA . Its a mou, it may be binding when everything is going well to suit them the chinese company .

Between two chinese companies owned and based in china is a very different situation to a overseas company doing business into china

It has to work both ways . China makes and changes the rules to to suit it . Especially with food imports . Substance testing etc what ever chemical etc. Always making criteria more more demanding .

You should all fairly well know all the paperwork and money with milk powder products etc.and the nightmares that causes companies and how quickly the market can turn on a single product/brand etc


what court would you test the mou if that ever needed to happen? If one party had a disagreement .its not going to stand up to be what some imagine. Especially in court rooms in different companies.

I would question the board for much more details.

Some of the recent company acquisitions have been highly criticised allready here as we all know.