With an investment of $120 million (RMB 800 million) that will span nine years, the YunTuo云拓Single Malt Whisky Distillery is Diageo’s first whisky production site in China Diageo, a leading whisky producer unveiled the YunTuo 云拓Single Malt Whisky Distillery in Eryuan County, Yunnan Province, opening an exciting new chapter for[Read More…]
China
Domino’s Pizza China opens 1,000th store in China
The successful opening of DPC Dash’s 1000th store marks another significant milestone in the Company’s proven Go Deeper, Go Broader store network strategy 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 Macau Special Administrative Region of China,[Read More…]
Nourish Ingredients and CABIO Biotech partner to manufacture and distribute Tastilux
Tastilux is a premium speciality ingredient derived from natural sources and produced through fermentation In a landmark cross-continental collaboration, Nourish Ingredients, a leader in speciality fats and precision fermentation, announced a Joint Commercial Agreement with CABIO Biotech, a leading Chinese biotechnology company specialising in microbial fermentation and synthetic biology-based products. Uniting Australian[Read More…]
China to resume imports of Australian rock lobster
The ban was imposed after China claimed to have detected heavy metal contamination in the lobsters—an allegation that both the government and industry have denied The Tasmanian Liberal Government welcomes the decision by Chinese authorities to lift the import bans on Australian rock lobster. Eric Abetz, Minister for Business, Industry,[Read More…]
Tong Ren Tang partners with YY Global Health to promote medicinal cuisine
This collaboration aims to leverage innovative technology to promote traditional Chinese medicinal cuisine on an international scale and accelerate entry into the Big Healthcare sector At the ‘Inno4life Creative Culture and Technology Innovation Expo 2024’ held at the Hong Kong Convention and Exhibition Centre in Wan Chai, century-old pharmaceutical company Tong[Read More…]
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 marks a significant expansion of the company’s[Read More…]
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 Macau Special Administrative Region of China, continued to capitalise[Read More…]
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 million, bringing its valuation to $50 million. The investment[Read More…]
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 dairy products from the EU. This is the first time the EU[Read More…]
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 approval. The move represents an important step[Read More…]