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 Agreement with Chengdu Octaday Entertainment Group, facilitated by Reborn China. This[Read More…]
Tag: china
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 milestone of the company’s biotech transformation strategy and a[Read More…]
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 the European Union (EU). The Ministry of[Read More…]
Australia’s beef exports reach 129,998 tonnes in July
The USA was the largest market for Australian beef and lamb, while China was the largest market for mutton Australia’s beef exports reached a new monthly record in July, reaching 129,998 tonnes, which is 5 per cent higher than the previous record set in March 2015. This increase was influenced[Read More…]
Synlait and a2 Milk resolve dispute over infant formula
This contract granted Synlait exclusivity in supplying infant milk formula products in China, Australia, and New Zealand Synlait Milk Limited (Synlait) and The a2 Milk Company have reached a conditional agreement to settle all disputes, including those related to exclusivity, pricing, and other issues that were subject to arbitration. Grant[Read More…]
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 Viee, a beverage company with an eponymous brand of plant-based drinks most frequently consumed alongside spicy cuisines[Read More…]
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[Read More…]
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 Company – Penglai Data Store (Shenzhen), led[Read More…]
IFF to open state-of-the-art centre in Shanghai
The Shanghai Creative Centre positions the company to capture a greater share of the Asian market IFF, a global leader in food and beverage, home and personal care, scent, and health announced that it aims to complete the renovation and expansion of its facilities in Shanghai Hongqiao Airport Business Park,[Read More…]
Australian wine re-entering China drives export value increase
574 companies were exporting to mainland China in 2023–24, up from 115 in 2022–23 Australian wine exports increased in value by 17 per cent to $2.2 billion in 2023–24, the highest level since the 12 months ended September 2021, and volume remained relatively steady at 619 million litres according to[Read More…]