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(From Business Daily Update)
Author: The ice-cream business in China is hotting up as manufacturers are vigorously promoting new products to grab a major share of the market. Some new participants are adding to the mix. The Beijing-based Sanyuan, one of the country's largest dairy producers, said it planned to enter the ice-cream business by cooperating with the Beijing Allied Faxi Food Co, the maker of Bud's brand ice cream. Guo Weijian, general manager of the Sanyuan Food Co, said: "We have developed more than 100 flavors of ice cream and we will soon release three of them on a trial basis." He said his company will regard the ice-cream business as a key area. Guo …