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Cubbie is a perfect fit for Chinese
By Juwai, 05 September 2012
Shandong Ruyi, China's largest wool and suit producer recently paid $300 millionm for ownership of Australia's largest cotton plantation.
The buy out was explained by Shandong Ruyi vice-president "Madame" Cai Ling Ding, whos tated that the company needed a larger supply of cotton in order to produce more luxury suits.
The demand for these luxury suits hve grown on average by about 30% a year, and the buy out of the Australian cotton plantation will hep fuel the increased production to meet this growing demand.
Read more from this story on The Daily Telegraph.
