China direct
Consumers now look for healthier and premium products, survey finds
Chinese consumers have become more selective in their spending this year due to pressures at work and tightening household budgets.
Archives for July 30, 2017
Japanese frozen beef tariff rise causes US rift
Japan’s decision to increase its tariffs on imported frozen beef imports has caused anger in the US.
North Korea faces worst food shortage since famine of 2001
North Korea will face its worst drought in over 15 years if rains do not improve soon, the Food and Agriculture Organisation has warned.
Scotch whisky sector calls for a trade deal with India
The Scotch whisky sector wants a reduction in the 150% tariff that India imposes on imports of its products in any bilateral trade deal the UK seeks following Brexit in March 2019.
Sanyuan and Fosun to acquire St- Hubert healthy-spreads company
Beijing Sanyuan Foods Co. (Sanyuan) and Fosun Group (Fosun) have agreed to jointly acquire Brassica TopCo and PPN Management, the controlling shareholders of St- Hubert.
Starbucks buys back its eastern China operation in record deal
In the biggest single transaction in its history, Starbucks’ American parent has bought up the remaining shares in its eastern China joint-venture. The deal now brings all stores in the country under its control.
Green tea polyphenol EGCG counteracts obesity and cognitive decline caused by Western diet
There is "compelling evidence" that EGCG from green tea could improve memory impairment, brain insulin resistance, and obesity caused by a high-fat and high-fructose diet, researchers have claimed.
Food entrepreneurs get their own reality show
Production is underway on a new reality web series that will cover food start-ups.