Minneapolis-based General Mills has agreed to sell its Häagen-Dazs ice cream shops in mainland China to an investor group that includes the Chinese tea brand Ningji. This transaction, expected to conclude by year-end, will grant the buyers exclusive rights to operate Häagen-Dazs ice cream shops and gifting businesses within China. General Mills will continue to supply Häagen-Dazs ice cream to Chinese retail and food service sectors. The financial details of the sale have not been disclosed. This move aligns with a broader trend of foreign companies transferring operational ownership to Chinese investors amid economic shifts and evolving consumer preferences in China, with similar strategic adjustments recently observed from Starbucks and Restaurant Brands International.