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News in brief

Struggling Chinese baijiu sales weigh on Diageo?

Diageo reportedly plans to write down the value of its stake in China baijiu brand Shui Jing Fang, as the government's anti-extravagance drive hits sales.

China

US-China collaboration will have ‘significant impact’ on food safety

A Californian college has joined with one of China’s leading agricultural universities in the first step to establishing a Sino-US food safety research centre.

China

Shanghai municipal chief urges greater protection for whistleblowers

Journalists and whistleblowers should be given more protection as they expose food safety scandals, Shanghai’s chief official told a municipal meeting in the wake of last week’s expired meat scandal...

China

General manager and quality control boss arrested in Husi scandal

One of the five employees arrested in China’s latest food-safety scandal has been named as the general manager of the US-owned Shanghai Husi Foods operation, while another is the head...

China overtakes US to become world’s largest economy in PPP

An economic milestone occurs this year as China overtakes the US to become the world’s largest economy in purchase power parity, or PPP.

China

Scandal-hit CEO brands own company's practices ‘unacceptable'

The chief executive of OSI Group, the American owner of the meat processor under investigation by Chinese authorities for supplying expired meat to international fast-food chains including McDonald’s and KFC,...

China

Premium brands will lead as China’s beer economy leapfrogs that of US

Now double the size of its American counterpart, China's beer market is an exciting place to be for international brewers in spite of protectionist controls put in place by its...

China

Five arrested as meat scandal spreads to more international chains

As more American companies are embroiled in China’s latest food safety scandal, five people have been detained following a probe into a company that allegedly supplied stale meat to fast-food...

News in brief

Chinese omega-3 supplier wins sustainable seal

Chinese omega-3 player KinOmega has won sustainability backing from Friends of the Sea.

China

McDonald’s, KFC apologise in China’s latest food safety scare

Allegations concerning the sale of expired meat by American-owned Shanghai Husi Food to the Chinese operations of McDonald’s, KFC and Pizza Hut have forced the fast food chains to suspend...

Abbott making 'progress' repairing Fonterra botulism scare damage

Abbott Laboratories' CEO believes the company has “recovered about as well" as it could have in the year since the Fonterra WPC botulism scare that led it to recall infant formula in China,...

‘What do you want, blood?’ China’s CFDA bans sale of Vampire Drinks

China’s Food and Drug Administration (CFDA) has banned the sale of a fruit punch in packaging designed to look like a medical blood bag, citing food safety concerns and dubious...

China

General Mills spends big on Asian product development

In a move to channel more investment into its growing Chinese market, food major General Mills has opened its first major technical centre outside of its Minneapolis headquarters. 

China

China to champion food safety liability insurance

China’ s Food and Drug Administration has revealed that it is working on a food-safety liability insurance programme in high-risk industries, such as those involving dairy and meat products.

News in brief

Cash for Ash: Coke offers Chinese workers 'environmental hardship allowance'

Coke is offering an 'environmental hardship allowance' to staff in China as it tries to attract and retain talent, the Times of India reports.

China

Abbott and Fonterra to join forces in widespread China expansion

A US-based infant formula major and New Zealand’s biggest exporter have joined forces to build up to five dairy farms in China to secure supply for China’s newfound voracious appetite...

China

New draft law is a step in the right direction for supps exporters

A recent draft reform of China’s Food Safety Law, which is now available for public comment, is a great improvement for supplements exporters who have been increasingly frustrated at the...

Australia

SWOT analysis exposes Asian opportunities for Australian exporters

The Australian Food and Grocery Council has published a series of reports that it hopes will deepen the manufactured food industry’s understanding of the opportunities that exist within Asia....

Want Want China to add some 50 products to its snack line in 2014

Chinese snack titan Want Want will extend its product line this year after strengthening its position in China.

Norovirus risk from Chinese strawberries warning

Strawberries from China will be subject to stiffer checks for norovirus and hepatitis A at EU borders, following an alert about contaminated produce from the EU's Rapid Alert System for...

Asian investors plough $106m into ambitious Chinese dairy Huaxia

A coalition of Asian investors is ploughing US$106m (€77.7m) in to Huaxia Dairy Farm to fund an expansion of the Chinese company's farming and processing operations.

China

China leads world beef market’s return to better days

Chinese beef import volumes remain historically high, but still a long way behind last year’s stratospheric growth.

China

After much waiting, China establishes long-chain omega 3 guidelines

China has finally published official dietary reference intakes (DRIs) for EPA and DHA omega 3 fatty acids—a move that is expected to help thousands of its consumers who are at...

Chinese organic dairy Shengmu launches expansion-driven IPO

Shengmu Organic, China's largest organic dairy player, is seeking to raise up to HK$1.3bn (US$169m, €124m) through an initial public offering (IPO) of shares in Hong Kong.

China analysis

Low margins put off leading wine brokers despite boom in imports

Although China wine market has been booming for some time, the low prices charged by online importers means few leading brokers and retailers have been tempted to enter the business.

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