Westfalia Fruit exports first shipment of South African avocados to China

This shipment follows the successful conclusion of a phytosanitary agreement between South Africa and China, signed in August 2023 Westfalia Fruit, a leading multinational supplier of avocados and fresh fruit announced its inaugural shipment of avocados from South Africa to China. This milestone...

Domino's Pizza China continues to unleash market potential with 4D strategy

DPC Dash successfully continues to execute its 4D strategy of Development, Delicious pizza at value, Delivery, and Digital DPC Dash – Domino's Pizza China, Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Mac...

Future Salad secures series A funding from DL Securities

Future Salad's innovative approach to nutrition and sustainability aligns perfectly with our investment strategy Hong Kong-based, Future Salad, a leading food technology company, recently announced the successful completion of its Series A funding round in September 2024. The company raised $5 m...

EU initiates WTO consultations challenging China's anti-subsidy investigation

This is the first time the EU has decided to challenge an investigation at its initiation stage  European Commission launched a consultation request at the World Trade Organization (WTO), challenging China's initiation of an anti-subsidy investigation against imports of certain da...

Mondelēz to acquire Evirth in China

Evirth, a leading manufacturer of cakes and pastries in China Mondelēz International announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China, subject to customary closing conditions, including regulatory ...

China’s Xiao-I Corporation expands partnership with Inner Mongolia Yili

This transition to a subscription model, known as Maas (Model as a Service), represents a new business model that Xiao-I has been actively promoting Xiao-I Corporation, a leading artificial intelligence company, announced the renewal of its contract with Inner Mongolia Yili Industrial Group Co.,...

China approves three Thai chicken export factories

Thailand’s poultry exports to other markets are also increasing, with major destinations including Japan, the United Kingdom, Europe, Malaysia, and South Korea China’s General Administration of Customs (GACC) has approved three additional Thai chicken export factories, bringing the total num...

Philippines seizes smuggle carrots and onions

These agricultural products were imported from China by Betron Consumer Goods Trading The Department of Agriculture in the Philippines, along with the Bureau of Customs, has reported the seizure of five containers containing undocumented shipments of fresh carrots and yellow onions. The value of...

Reborn Coffee expands in China

Strategic partnership with Chengdu Octaday Entertainment Group to introduce Reborn Coffee's specialty experience to Sichuan's 83 million people Reborn Coffee, a leading global speciality coffee brand, announced a significant expansion into the China market through a strategic Master License Agre...

Angel Yeast expands into probiotics R&D and production

Angel Yeast's probiotics production now focuses on three main industrialised strains – the Lactobacillus plantarum S2 has a strong acid-producing capacity Angel Yeast, a global leader in yeast manufacturing, has officially put its plateau probiotics project into production in Xizang, China, a...

China initiates anti-subsidy investigation into dairy products from EU

A total of 20 EU subsidies will be scrutinised, including those from the bloc's Common Agricultural Policy and subsidy programs initiated by specific EU members like Ireland, Austria, Belgium, and Italy China has initiated an anti-subsidy investigation into certain dairy products imported from t...

Yili retains position as world’s most valuable dairy brand at $11.6 billion

Yili's dual-engine strategy of innovation and digitisation drives its top-ranking Yili (brand value down 6 per cent to $11.6 billion) continues to hold the title of the world’s most valuable dairy brand for the fifth consecutive year, according to a new report from leading brand...

Yili's Cremo ice cream wins Thailand FDA quality award

This marks the fifth consecutive year that Yili has received this prestigious award Cremo ice cream, produced by Yili's subsidiary in Thailand, was honoured with the "2024 Thailand Food and Drug Administration (FDA) Quality Award." This marks the fifth consecutive year that Yili has received th...

Farmmi opens warehousing and distribution centre services in North America

With the grand opening of the warehousing and logistics centre, the company has started a new chapter of its business and development Farmmi, an agricultural products supplier in China, announced the successful opening of the company's warehouse and distribution centre in Los Angeles, Californi...

L Catterton invests in China’s plant-based drinks brand Viee

Partnership leveraging L Catterton's operating know-how will help entrench Viee's leading position in Sichuan and Chongqing and facilitate expansion in nearby provinces L Catterton, a leading global consumer-focused investment firm, announced that it has made a strategic investment in ...

Angel Yeast brings together innovative consortium to build industrial park in China

By 2035, this initiative aims to develop a 50-billion yuan ($6.89 billion) industry cluster Angel Yeast, a global leader in yeast manufacturing, is spearheading an initiative that unites universities and enterprises to form an innovative consortium dedicated to advancing synthetic biology tech...

Transformation of Chinese wine market

China Customs data indicates a significant decline in China's wine imports for 2023, with a 26 per cent decrease in volume and a 15.2 per cent decrease in value Australian wine exports reached a value of $2.2 billion in 2023–24, marking a 17 per cent increase and the highest level since Septem...

Reborn Coffee announces strategic venture with China’s Penglai Data Store

Strategic joint venture launches Reborn China to lead all master franchising and integrate cutting-edge AI technology in all store location Reborn Coffee, a leading speciality coffee retailer in the US, announced a strategic partnership and joint venture with a prominent China AI Database Compan...

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