Published News

FRENCH food and beverage group Danone will invest 2.6 billion yuan (US$417 million) in two deals to strengthen its presence in China and tap the huge market potential.

Prominent Achiever Ltd, 51 percent owned by China's state-owned agricultural and food company COFCO and 49 percent by Danone, will acquire 8.3 percent in China's largest dairy producer Mengniu Dairy Co from COFCO, according to a
Breeders, sellers and suppliers face tough times

Losses of poultry-related enterprises nationwide have exceeded 10 billion yuan ($1.6 billion) since the first case of H7N9 bird flu was discovered, according to the National Poultry Industry Association.

With all live poultry stands shut down in regions with H7N9 cases since early this month, poultry breeders, suppliers and sellers are facing
Retailers in China have withdrawn a foreign brand of infant milk formula from shelves following a media scare over its safety.

The Chinese partner of Hero Group, a major Swiss baby formula manufacturer, has been accused of deliberately mislabeling milk powder, and a senior employee has been detained, officials said.

Authorities in Suzhou, where the partner company Xile Lier is based, said t
Owner of three luxury brands that have turned their attention to the China market in recent years – Tod’s, Hogan and Roger Vivier — Italy’s Tod’s Group S.p.a. is set to further intensify its China efforts for its flagship Tod’s leathergoods brand in particular. As Emilio Macellari, chief financial officer at Tod’s, said this week, the group plans to open 20 Tod’s stores in 2013 worldwide, yet Chi
CONVENIENCE stores including FamilyMart, Lawson and Kedi have come under fire after some of their outlets were found selling expired food.

Four downtown outlets of FamilyMart were selling expired puffs, custard pudding, bean curd, potato salad and cherry tomatoes, the Shanghai Morning Post reported yesterday.

A Kedi store on Fuxing Road E. was selling a Kung-Pao-chicken packaged meal expire
Call for chinese govt to help firms expand business, investment and reputation overseas

China should introduce legislation to help overseas investment by Chinese companies, as an increasing number extend their global footprint, a national legislator has said.

Nurturing domestic multinational corporations should be a "national strategy", and the government should provide a one-stop service t
CONSUMERS visiting Carrefour stores in Shanghai are now able to trace the origin of vegetables and fruits on sale by scanning the Quick Response codes of products with their smartphones.

The production place and date of the item, the business license of its supplier and other information regarding the farms can be tracked down, officials said yesterday.

Customers will feel safe to eat these
Porcine circovirus is one of the diseases that killed many pigs now floating down a river in Songjiang District, the Shanghai Agricultural Commission said this morning.

By yesterday, more than 1,200 dead pigs had been removed from the river.

Experts from the Shanghai Animal Diseases Control and Prevention Centre collected hearts, livers, spleens, lungs, lymph nodes and tonsils from five car

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