Australian wine exports rebound on China reopening, but global markets remain fragile

The disconnect between value and volume growth reflects a sharp uplift in the average export value, which climbed 33 per cent to $4.09 per litre FOB, the highest in nearly two decades Australian wine exports have rebounded strongly in the 12 months ending March 2025, largely driven by renewed ac...

Bakkavor Group to sell China operations to cut debt

The transaction is valued at ¥500 million, approximately £50 million Bakkavor Group PLC announced that it has agreed to sell its Chinese operations to a local buyer in a move aimed at improving profit margins and reducing debt. The London-based fresh prepared food producer—known for supplyin...

Australian wine exports to China exceed $ 1 Bn one year after removal of tariffs

The average value of exports increased by 33 per cent to $4.09 per litre free on board (FOB), the highest average value in almost two decades In the 12 months ended March 2025, Australian wine exports increased by 41 per cent in value to $2.64 billion and by 6 per cent in volume to 647 million l...

Joyvio Food sells Australis Seafoods to sister company

The company expects that by offloading Australis, it will enhance its net asset level and sustainable development capability Joyvio Food, a subsidiary of Joyvio Group, has divested its entire stake in Australis Seafoods, a Chile-based salmon producer. The loss-making business is being transferre...

Australia’s food and wine campaign to target China’s 500 million consumers

Launched in Shanghai by the Minister for Trade and Investment, Joe Szakacs, during his trade mission to China China’s growing population of 500 million middle-class consumers are the target of a new campaign to promote South Australia’s premium food and wine in China. Targeting the wildly...

China and Kazakhstan introduce cross-border fruit and vegetable trade model

This marks the launch of a new centralised procurement and direct transportation model connecting key wholesale markets in both countries The first convoy of refrigerated trucks carrying fruits and vegetables set off from Urumqi, the capital of northwest China’s Xinjiang Uygur Autonomous Regio...

Wanglaoji launches WALOVI English Brand Identity in Kuala Lumpur 

WALOVI, and inked an international strategic partnership agreement with Baosteel Packaging in Kuala Selangor, Malaysia Wanglaoji Great Health Industry, a leading Chinese natural herbal beverage enterprise, accelerated its Southeast Asian market expansion by signing an agreement with a partner i...

China’s CHAGEE & FLUX Technology empower expansion with digital intelligence

CHAGEE has collaborated with FLUX Technology to deploy the FLUX TMS solution, enhancing the efficiency and accuracy of its logistics operations CHAGEE, a Chinese tea brand, has reached a cooperation with FLUX Technology and introduced the FLUX TMS to create a digital and intelligent transportati...

US tariffs pressure Australian wine exports but China market booms

Australian wine producers are demonstrating resilience through diversified global growth and proactive marketing initiatives As the United States enforces a 10 per cent tariff on all Australian goods, including wine, the Australian wine industry is taking proactive steps to navigate the challeng...

Reborn China secures matcha supply partnership to expand across Asia and UAE

Reborn China will oversee the sourcing and distribution of all matcha-based products throughout Asia and the UAE Reborn Coffee, a leader in the speciality coffee market, announced that Reborn China has established its Central China Supply Chain Headquarters in Dawu County, a region widely recogn...

China launches sweeping food safety reforms amid public trust concerns

Terms like ‘no additives’ are now banned to prevent misleading consumers China's National Health Commission and the State Administration for Market Regulation have introduced 50 new national food safety standards and updated nine existing ones, with a strong emphasis on labeling practices, f...

Angel Yeast unveils yeast protein for muscle gain

Yeast protein is a high-quality natural protein derived from Saccharomyces cerevisiae (brewer's yeast) In recognition of World Health Day 2025, themed "Healthy Beginnings, Hopeful Futures," Angel Yeast, an innovation-driven global biotechnology brand, is championing inclusive health ...

DDC and Hewen launch JV to scale RTE meal business in China

The strategic partnership targets China’s booming ready-to-eat market, combining DDC’s innovative brands with Hewen’s production expertise DDC Enterprise, a leading multi-brand Asian consumer food company, announced a binding agreement to form a joint venture (JV) with Hewen Agricultural T...

China's Luckin Coffee marks two years in Singapore

Luckin Coffee will open its doors at three new locations - Geneo, West Mall, and Compass One in April Luckin Coffee, China's leading coffee chain, is raising its cups to an incredible milestone: two years in Singapore, with 60 stores and counting across the island...

South Australia exports 400 tonnes of lobster to China

China’s demand for other seafood also increased in the year to January 2025, with tuna exports up 752 per cent to $9.3 million South Australia’s Southern Rock Lobster has been snapped up by Chinese consumers following the lifting of live lobster trade restrictions at the end of 2024. In t...

Yum China appoints Adrian Ding as CFO

Adrian Ding joined the Company in March 2019 as Vice President of Corporate Finance and served as Chief Investment Officer from February 2020 to March 2025 Yum China Holdings announced that after a thorough search process, Adrian Ding has been appointed as Chief Financial Officer, ...

Taiwan’s Kavalan releases 15-year-old whisky

15 years single malt whisky' is Kavalan's first age-statement whisky Kavalan Distillery is launching its first-ever whisky with an age statement, matured in four unique casks: ex-Bourbon, Oloroso Sherry, Ruby Port, and Puncheon. The release marks a milestone in the journey of this Taiwa...

Thai dried fruits gain popularity in China

Between January and October 2024, China imported more dried fruits from Thailand than from any other country, with imports valued at $125.64 million The demand for Thai dried and preserved fruits is increasing in China, creating new opportunities for export expansion and market penetration. Thai...

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