Tianjin Goubuli Food Acquires 78% Stake in Australia’s Blooms Bluesky Holding

Goubuli, one of China’s longest established food brands from the northern city of Tianjin, has signed a strategic cooperation agreement with Australian health product company Blooms Bluesky Holding. Goubuli, has adopted the English name “Go Believe,” will acquire 78 percent of the latter, said Zhang Yansen, president of the Tianjin Goubuli Group Corporation…Full Article: China

Germany’s Aldi Teams Up with Alibaba’s Tmall

German supermarket franchise Aldi has been taking ground from Australia’s dueling retail giants, Woolworths and Coles since 2001. It now hold around 15 percent of the supermarket space with 350 stores across the country and A$4 billion ($3 billion) in annual sales. With the help of Tmall Global, operated by Alibaba, Aldi is now expanding

Australian Grocery Chain Woolworths to Accept China UnionPay Cards at its Supermarkets

The Australian grocery giant Woolworths said on Tuesday [7 February 2017] that it will now accept UnionPay cards at its stores; China’s leading debit and credit cards. Woolworths will offer all forms of UnionPay payment, including the contactless mobile based transactions at its terminals…Full Article: China Daily Feb 2017 Key Points According to China UnionPay

Alibaba Group Opens Australian and New Zealand Headquarters in Melbourne

Alibaba Group Holding Limited on Saturday [4 February 2017] opened its Australian and New Zealand (ANZ) headquarters in Australia’s Melbourne. “With a local office and expert team, Alibaba Group will help Australian and New Zealand businesses share their world-famous products with billions of customers around the world,” Jack Ma, Alibaba Group Founder and Executive Chairman

New Hope Group Plans to Invest ~US$763 million in Australia by 2020

China’s largest private agribusiness, New Hope Group and its chairman Liu Yonghao, are planning to invest 1 billion Australian dollars ($763 million) by 2020 to help grow businesses down under, according to New Hope Group’s Australian chief executive officer Nick Dowling. “I don’t think there’s necessarily any limit to what the chairman wants to invest

Australian Government OKs Sale of Kidman to Hancock Prospecting and Shanghai CRED

Australia’s Treasurer Scott Morrison approved on Friday [9 December 2016] the sale of Australia’s largest pastoral land holding ,S. Kidman & Co, to a partnership involving local mining magnate Gina Rinehart and Chinese consortium Shanghai CRED…Full Article: China Daily Dec 2016 Key Point Australian Outback Beef (AOB), a joint venture between Australia’s Hancock Prospecting (67%

China’s Certification and Accreditation Administration Pulls Import License for Australian Infant Formula Producer

Recently, the China Certification and Accreditation Administration (CNCA) suspended the Australian dairy registration qualifications of Viplus Dairy enterprises in China, but there is no indication of the reason for the suspension of registration…Full Article: The Epoch Times Nov 2016 Key Points On 4 November 2016, the CNCA pulled Viplus Dairy’s import license. In June 2016,