A Hong Kong stock Exchange disclosure has revealed that investment
company Castlerigg International has bought a strategic 10.01 per
cent stake in China's Harbin Brewery, a move that looks likely to
put more pressure on international...
Although 2004 is now expected to yield a bumper grain harvest in
China, with provinces announcing record crop levels, Beijing is
taking action to halt the country's fall in per-hectare yield of
cropland over recent years.
Joint ventures (JVs) are rapidly falling out of favour as the
preferred way of establishing a foothold in the China food market,
according to new research. Persistent problems with intellectual
property are highlighted as the core...
PT Indofood Sukses Makmur, the Indonesian wheat flour producer and
food company, has said it is expecting up to 5 per cent growth in
sales for 2004 in the same week that it launches a further bond
offering on the Surabaya Stock Exchange...
Reports from both New Zealand and Australian food authorities
suggest that foods in the region are cleaner, after separate
studies indicated that residue levels in the food supply were lower
than elsewhere in the world.
China's food and beverage industry continues to be a focus of long
term investment hopes for the multinationals, but as demands on
both ingredients and commodities put pressures on food prices a
report by Deloitte Touche stresses...
A recent report from the Australian National University indicates
that food and beverage companies in the Asia Pacific region will
continue to benefit from strong economic growth in 2004, but that
growth is set to fall back next year.
After years of struggling to meet increasing domestic demand for
soy products, Chinese government officials believe that discussions
with the Brazilian government may have solved the problem. Trade
talks held in Beijing this week...
Chinese wine imports increased by nearly 50 per cent last year,
according to figures released by the Beijing customs authorities,
with a value amounting to almost €26 million, an increase which is
being attributed to lower import...
Two of Europe's major retail chains, Carrefour and Metro, have
announced plans to expand their operations in China, while a third,
Tesco, is still on the hunt for a partner to enable it to enter the