Despite the compliance storm in China last year, the German firm Merck KGaA is expanding its presence in the country through a new €80 million manufacturing site in Nantong. The company's leadership also recently gathered in the country, which it sees as one of the most important globally.
"China is of strategic importance to Merck," Chairman Karl-Ludwig Kley declared at a recent press conference following a board meeting in Shanghai. It was the first time for the...
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