date:Feb 21, 2014
eeing growth down 40 percent compared to pre-crisis levels. Dumex accounts for around half of Danone's China sales, according to analysts.
Danone shares are down around 3 percent since mid-October, while the Paris market benchmark CAC 40 index is up 2.6 percent.
Shaun Rein, Shanghai-based managing director of China Market Research Group, said his company has been contracted by a hedge fund that is invested in Danone to provide analysis of Dumex's performance in China. Rein, whose agency has co