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CITIC and Longping High-Tech Agriculture Complete Acquisition of Dow’s Brazilian Corn Seed Assets

Citic Agri Fund has completed its $1.1 billion acquisition of some of Dow Chemical Co.’s Brazil agriculture assets, a move that has netted the company a significant chunk of the country’s huge agricultural sector…Full Article: Caixin Dec 2017 Key Point As a result of the acquisition, Citic Agri Fund now owns four Dow AgroSciences’ corn

China’s Ministry of Finance Lowers Import Tariffs on a Variety of Agricultural Products

The Ministry of Finance announced on Friday [24 November 2017] cuts in import tariffs on some consumer products starting from December. The reduction of import tariffs will affect 187 tariff codes, including on food, health supplements, pharmaceuticals, garments and recreational products, and the average rate will drop to 7.7 percent from 17.3 percent, according to

Hangzhou’s Nongfu Spring to Use Finnish Birch Sap for its New Skin Care Product Line

China’s bottled water conglomerate, Nongfu Spring, is tapping into the skin care market, the Hangzhou-based company announced on Sunday [26 November 2017] night. But instead of using aqua, which tops many skin care product ingredients, the company said “there isn’t a single drop of water” in three of its newly launched products, which are facial

Brunei and China’s Yuan Longping High-Tech Agriculture Sign Cooperation Agreement

Brunei’s Department of Agriculture and Agrifood, Ministry of Primary Resources and Tourism (MPRT) and China’s Yuan Longping High-Tech Agriculture Co Ltd, have signed a Memorandum of Understanding (MoU) on cooperation in the field of agriculture. According to local media on Tuesday [21 November 2017], the signing of the MoU aims to strengthen and advance cooperation

Chinese Agricultural Scientists Attempt to Introduce Palm Oil Trees in the Mainland

Chinese agricultural scientists have created a trial plantation of oil-producing palm trees in the country’s southernmost island province of Hainan. The Hainan-based Chinese Academy of Tropical Agricultural Sciences said on Friday [17 November 2017] it has taken two years to grow the exotic tropical plant. So far, it is thriving on a 5-hectare trial plantation