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Beijing Investment Firm Bids on Italian Supermarket Chain

Chinese Group Yida International Investment has formally expressed interest in Esselunga, Italy’s fourth-largest supermarket chain, Italian daily la Repubblica reported on Thursday [15 June 2017]…Full Article: The Global Times June 2017 Key Points Yida International offered EUR 7.5 billion euros (USD 8.38 billion) for Italy’s Esselunga supermarket chain. In September 2016, the private equity funds

Nebraskan Beef to Be Exported to Shanghai

Nebraska officials have helped load the state’s first shipment of beef to Shanghai, just two days after Washington reached agreements with Beijing on resuming U.S. beef exports, Nebraska governor’s office confirmed to Xinhua on Thursday [15 June 2017]. Nebraska Governor Pete Ricketts and Nebraska Department of Agriculture director Greg Ibach on Wednesday joined Greater Omaha

China Renews Import Approvals for 14 GM Crops and Adds Two New GM Varieties

China, the world’s top buyer of genetically modified (GMO) soybeans, renewed the import approvals for 14 GMO crop varieties and approved the import of two new varieties starting on June 12, the Ministry of Agriculture said on Wednesday [14 June 2017]…Full Article: ECNS.cn June 2017 Key Point The two new GM crop varieties approved for

Customs Officials in Guangdong Province Seize Smuggled Red Wine

Customs authorities in south China’s Guangdong Province announced Wednesday they have arrested 29 suspects in a crackdown on red wine smuggling…Full Article: Xinhua June 2017 Key Points Huangpu Customs (Guangzhou) seized 490 MTs of smuggled of wine. The smugglers were active in the Guangdong cities of Zhuhai, Dongguan, Guangzhou, and Shenzhen. In March 2017, Huangpu

GM Crops a Topic of Interest for Chinese Delegation Visiting Iowan Farm

The United States’ best-known farm in China, Kimberley Farms in Iowa, received a group of leading think tank researchers from Beijing for the first time on Sunday [11 June 2017], after becoming an attraction for Chinese visitors since President Xi Jinping’s visit five years ago. Nearly 20 members of top Chinese think tanks, including the

Refrigerated Train Service Begins in Xinjiang Region with the Importation of Concentrate Juice

The first refrigerated-container train in northwest China’s Xinjiang Uygur Autonomous Region left Horgos Saturday [10 June 2017] for the eastern Chinese city of Hangzhou. The train with 40 refrigerated-containers is 620 meters long. It carried about 1,160 tonnes of concentrate juice from the border port of Horgos to Hangzhou…Full Article: ECNS.cn June 2017 Key Point