According to a joint statement, both sides will suspend 24 percentage points of the additional ad valorem tariff rates they had imposed on each other’s goods, initially for 90 days In a significant move aimed at easing tensions and revitalising bilateral ties, the United States and China have jointly announced[Read More…]
China
BGG expands manufacturing facilities in China
The 100 per cent glass-tube photobioreactor microalgae platform in Yunnan Province BGG is expanding and enhancing its astaxanthin manufacturing facilities in China to boost production efficiency, quality, innovation, and sustainability. The 100 per cent glass-tube photobioreactor microalgae platform in Yunnan Province – the largest of its kind in the world[Read More…]
Chanson International’s Songkang Meal nasogastric formula approve in China
This exciting development is set to enhance nutritional care and support for patients across the country Chanson International Holding, a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, announced that its self-developed “Songkang Meal” series of nasogastric nutrition formulas has received[Read More…]
SUGIDAMA debuts Suntory Premium Malts draft beer across Hong Kong
The set aims to highlight the harmony between expertly brewed beer and refined izakaya cuisine, reinforcing SUGIDAMA’s commitment to quality and authenticity Japanese sushi izakaya chain SUGIDAMA announced the debut of Suntory The Premium Malts draft beer at all seven Hong Kong locations. As one of the few venues in[Read More…]
GNT hails China’s new industry standard for colouring foods
Colouring Food Ingredients for the Food Industry came into force nationwide on May 1, 2025, and regulates their production, use, and labelling EXBERRY colour supplier GNT has welcomed China’s decision to introduce an official industry standard for colouring foods. “Colouring Food Ingredients for the Food Industry” came into force nationwide on[Read More…]
Australian apples gain market access to China
The newly secured access for apples builds on a series of recent positive trade outcomes for Australian horticulture, including improved access for table grapes to Japan and new market access for plums to Vietnam The Australian Fresh Produce Alliance (AFPA) has welcomed the announcement of new market access for Australian[Read More…]
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 access[Read More…]
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 supplying salads, sandwiches, and other[Read More…]
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[Read More…]
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 transferred to Joyvio Premium Fresh — another unit[Read More…]
