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Regions > China

Fonterra and Beingmate unveil China infant formula partnership

Fonterra is prepared to pay NZ$615m (US$514m, €390m) for a 20% stake in Chinese baby food manufacturer Beingmate in its latest attempt to expand its presence in China’s lucrative infant formula...

Mooncake Festival 2014: The biggest event in Asia’s cake calendar

The annual Mooncake Festival celebrated in China and Vietnam is by far the biggest event for cake manufacturers in the region, says an analyst.

The rest of Asia can benefit from Australia’s organic certification

Asian companies will soon cotton on to the idea that they can export organic goods into China just as smoothly as Australian companies, which have traditionally enjoyed a strong link...

Crafty Australian beer independents set sights on China’s middle-class

China’s craft beer market might not yet be as dominant as its Australian counterpart, but this will change as a growing and affluent middle-class opens its eyes and palates to...

China offers good prospects despite tangled health food regulations

China’s health food and supplements niches need filling, even if the current regulatory environment continues to put off some key international players.

Chinese retailer introduces infant formula recall insurance

Chinese retailer Suning Redbaby has reportedly begun offering an infant formula insurance policy that compensates customers in the event of a recall.

News in brief

California’s clean reputation credited for rising China exports

Californian food producers are a major beneficiary of Chinese consumer concerns in the wake of a spate of domestic food scandals. 

Hershey suspends US flavored milk shipments to China

Shipments of Hershey’s brand flavored milk to China have been suspended after a consignment found to contain unapproved ingredients was destroyed.

Australia-China

Sweet sorghum research project could ‘revitalise the sugar industry’

A joint project between researchers in Queensland and China to derive sugars from sorghum could result in extraordinary social, economic and environmental benefits for future generations.

China

Heinz recalls batches of infant cereal found to contain excess lead

Heinz's China operation has recalled four batches of one of its infant food lines after local food safety regulators said they had found “excessive amounts of lead” during an inspection. ...

News in brief

Shanghai M&M’s World ‘the next stage’ for Chinese brand building, says Mars

Mars has opened an M&M’s retail store in Shanghai, which it hopes will lift brand loyalty in China.

COKE'S MONSTER MARRIAGE: CRACKING CHINA

‘Monster Energy can crack China with Coke’s help’: CEO Rodney Sacks

Monster Energy CEO Rodney Sacks insists the brand will be well-placed to crack the Chinese market using the distribution might of new shareholder The Coca-Cola Company.

Australia

Businesses don’t know how to market to Chinese in the 'Asian Century'

Though the terms of Australia’s approach to its “Asian Century” policy might need some finessing, there is no doubt China still holds massive potential—as long as businesses learn how to...

China

New dairy culture sees explosive drinking yoghurt growth

For years a laggard in the dairy stakes, China is now seeing massive growth in its yoghurt drinks market largely because of significant investment and new demand for healthier drinks...

China’s bakery boom: How to have your cake and eat it

China will become the world’s second most valuable bakery and cereals market by 2018, and understanding lifestyles will be key to capitalizing on this growth, says Canadean.

China

China to claim second most valuable bakery and cereals market by 2018

The Chinese bakery and cereals market, which is already the world’s largest in volume, is set to become the second most valuable by 2018 as more urban dwellers consume pick-me-up snacks on-the-go. ...

China's proposed food safety overhaul lacks clarity and detail, NPA says

China’s proposed changes in its food safety regulations, which also govern dietary supplements, are long on aspiration and short on specifics. That’s the opinion expressed by the Natural Products Association...

Dishonor roll: India and China are the world’s worst food safety violators

A rundown of the number of food safety violators around the globe finds India and China are the countries with the highest number of offenses.

DSM Q2 nutrition profits slip 11% as key markets struggle

Sales slipped 6% and net profits 11% in Q2 for DSM’s human and animal nutrition arm as adverse currency movements, a slow US vitamins and omega-3 food supplements market and...

News in brief

Regulatory problems in China depress growth of Innophos's nutritional ingredient sales

The web of Chinese regulations regarding dietary ingredient import and export reached out to ensnare Innophos, a company that derives a portion of its revenue from selling phosphates and other...

Responsible soy sourcing: China could be about to enter the fray, says ProTerra

China’s involvement is critical in order to scale up the production of sustainable, certified soy and a leading non-profit group says an increasing number of dissenting voices within that country...

Fallout in China from Nu Skin affair depresses Usana's Q2 results

Usana Health Sciences reported flat net sales  in the second quarter of its 2014 fiscal year.  Issues in China caused the company to miss analysts’ estimates for sales and earnings,...

IVAN MENEZES CONFIDENT DIAGEO CAN REBUILD AN 'ATTRACTIVE BUSINESS'

‘Shui Jing Fang appears to be broken, from the outside’: Analyst tells Diageo boss

Sales of Diageo’s super premium baijiu brand Shui Jing Fang fell 79% in 2014, but CEO Ivan Menezes insists the firm can rebuild an ‘attractive business’ by slashing prices and...

‘Great to have the brand back!’ ABI seizes back Corona control from Carlsberg in China

Anheuser-Busch InBev (ABI) today took back distribution control of Corona Extra from Carlsberg in China as CEO Carlos Brita insists the brand will extend its ‘super premium’ position in the...

'A MIXED YEAR AND A TOUGHER ONE THAN WE ANTICIPATED AT THE START': CFO DEIRDRE MAHLAN

Diageo’s top line takes a hammering: 2014 results show Chinese dragon bites

Diageo said today that foreign exchange movements ‘severely impacted’ its 2014 top line while Chinese anti-extravagance measures also hit hard – our slideshow dissects the Johnnie Walker distiller's performance.

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