British Food and Drink Delegation Visits Beijing and Shanghai

A group of UK food and drink makers returned from China on Monday [25 September 2017] after marketing British-made delicacies there, including clotted cream from Cornwall and gin and juice from Devon. Nine food and drink manufacturers, drawn mainly from Southwest England, participated in the weeklong trade mission. The trip was organized and funded by

Nestlé Launches Artificial Intelligence Product with

Global food and beverage giant Nestle launched its own artificial intelligence (AI) product with Chinese e-commerce platform Tuesday [19 September 2017], in a move to meet the demands of increasingly tech-savvy Chinese consumers. Nestle XiaoAI, an AI family nutrition assistant, is a smart speaker equipped with nutrition and health knowledge that can answer questions

China’s to Establish Joint Ventures in Thailand

China’s second biggest e-commerce company and Top Thai retailer Central Group will jointly invest $500 million to establish two joint ventures in Thailand covering e-commerce and fintech services respectively, a statement from Central Group said on Friday [15 September 2017]. According to the statement, Central Group will invest $250 million to the ventures, and

Walmart Stores to Be Used as Warehouses in Major Chinese Cities

Chinese e-commerce giant Jingdong (JD) announced Tuesday [25 July 2017] an inventory pooling scheme with American retailer Wal-Mart. Wal-Mart stores will serve as warehouses for JD in Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, and Wuhan…Full Article: July 2017 Key Point As a result of the inventory (warehouse) pooling scheme, purchases from could potentially be