On November 26, Chinese President Hu Jintao and French President Nicolas Sarkozy held talks with the Wahaha-Danone legal dispute on their discussion agenda.
A spokesperson for Danone revealed that the dispute has become more complicated over the last several days with the Chinese and French governments now involved.
It is rumored that Wahaha and Danone are likely to withdraw from the legal battle and negotiate for a settlement. Lu Liangbiao, a lawyer representing Wahaha from Dacheng Law Offices is urging the two sides to constructively settle the dispute and illuminate ways of finding a final solution.
If the companies continue along this path, the current stalemate between the two sides is likely to be broken and they may begin substantial negotiations.
For more details, please read the full story in Chinese. (http://money.163.com/07/1128/23/3UE33QNU002524SJ.html)
(China.org.cn November 29, 2007)