Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
Geely Leads $141 Million Round for Tsinghua-Linked Robotics Startup
Intel Pivots to Custom Chips to Tap China’s Trillion-Yuan Computing Markets
Wingtech Demands Return of Nexperia Control After Dutch Freeze Pause
LATEST
AI Keeps China, U.S. From Decoupling Despite Trade Tensions, Insiders Say
Wingtech Demands Return of Nexperia Control After Dutch Freeze Pause
Intel Pivots to Custom Chips to Tap China’s Trillion-Yuan Computing Markets
Geely Leads $141 Million Round for Tsinghua-Linked Robotics Startup
China’s Giant Neutrino Detector Delivers First Results With Record Precision
China Unicom Taps Veteran Executive as Chairman to Navigate Telecom Transition
Chinese Self-Driving Firms Accelerate Into Middle East, Southeast Asia
Baidu Posts Record Revenue Decline as Ad Business Falters
Xiaomi’s EV, AI Units Post First Quarterly Profit
China’s Agricultural Drone Makers Pivot to Smarter Navigation as Size Race Ends
Alibaba Renames AI App to Stand Out in China’s Crowded Chatbot Market
Investors Flock to Chinese eVTOLs Chasing Regulatory Green Lights
Nexperia Headquarters Rachets Up Feud With China Unit With Salvo of Accusations
Robot-Maker Unitree Steps Closer to China IPO
Tencent Says Talks With Apple on WeChat Game Fees Are Advancing
Baidu Unveils Ambitious AI Chip Roadmap, Targeting 1 Million-Card Cluster by 2030
Tencent’s Profit Rises 19% on Overseas Gaming and AI-Powered Ad Surge
Caixin Summit: Design, Commercialization Key to China’s Low-Altitude Economy Taking Off, Industry Insider Says
China’s Robotics Revenue Soars as Industry Races to Crack Embodied AI
U.S. Formally Suspends Sweeping Export Control Rule for One Year After China Trade Talks
Dairy Firms’ War of Words Over 2022 Winter Olympics

By Shen Xinyue, Chen Boyuan and Han Wei / Jun 21, 2019 04:16 AM / Business & Tech

Photo: VCG

Photo: VCG

Inner Mongolia Yili Industrial Group Co., China’s biggest dairy company, lashed out at archrival China Mengniu Dairy Co. for allegedly infringing on its sole sponsorship of dairy products at the 2022 Winter Olympics in Beijing.

Yili warned that it may pull out of sponsoring the games and pursue legal remedies to protect its rights, the company said in a strongly worded open letter that went viral online Thursday.

Yili said Mengniu bypassed local organizers to sign up as a “joint beverage global partner” of the International Olympic Committee with Coca -Cola Co. after it lost the exclusive dairy sponsorship to Yili.

Yili said the move would confuse Chinese consumers and lead them to believe that Mengniu is also a dairy products partner of the Beijing Games.

A Mengniu publicity executive told Caixin that the company followed the rules on the sponsorship, without providing details.

Some analysts said Mengniu isn’t necessarily breaking Olympic sponsorship rules as it took advantage of its small portion of the beverage business to obtain the beverage partnership with the International Olympic Committee, which is separate from local sponsors signed up with the Beijing Committee. But the move could indeed mislead customers and influence Yili’s marketing campaign, they said.

Related: Organic Dairy Tie-Up Brings Mengniu Closer to Market Leader Yili
Share this article
Open WeChat and scan the QR code