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…]
China
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…]
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., Ltd. (Yili). This renewal continues a[Read More…]
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 number of certified factories in Thailand to 26. This approval highlights[Read More…]
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 the seized goods is estimated to[Read More…]