Taiwan’s Wei Chuan Foods to Construct Factory in Suzhou to Supply the Greater Shanghai Market

Wei Chuan Foods Corp (味全食品) yesterday [30 June 2017] said it is to invest nearly 600 million yuan (US$88.5 million) building a new plant in China’s Suzhou [Jiangsu Province], as part of efforts to accelerate the firm’s turnaround…Full Article: The Taipei Times June 2017 Key Points Between October and December 2018, Wei Chuan Foods’ new

Shanghai, Guangdong, Shandong, and Jiangsu Top China’s Dining Consumption Index

Shanghai tops other cities in a dining consumption index, while Guangdong, Shandong and Jiangsu provinces top the rankings in terms of absolute transaction value, according to data compiled by Alibaba’s lifestyle service unit, Koubei. Those in Xiamen, Guangzhou and Tianjin prefer Western food more than consumers in other regions, while Shanghai residents favor Cantonese and

Shenzhen’s DJI Technology and USA’s Dow AgroSciences Sign MoU

Shenzhen-based drone maker DJI Innovation Technology signed a memorandum of understanding with Dow AgroSciences on Tuesday [27 June 2017] to work on the research and application of crop protection drones and technology…Full Article: China Daily June 2017 Key Point As a result of the MoU, both companies will conduct joint pesticide application experiments on rice

Two Chinese Companies Purchase 49% Stake in Kazakhstan’s Khorgos-East Gate Special Economic Zone

Two Chinese companies on Monday [15 May 2017] signed a contract with Kazakhstan’s national railway company to buy 49 percent of an inland port near the China-Kazakhstan border. China COSCO Shipping Corporation and Jiangsu Lianyungang Port Co will each hold 24.5 percent of the dry port located in the Khorgos-East Gate special economic zone, according

Thailand’s Charoen Pokphand Foods Acquires Jiangsu-based COFCO Meat (Suqian)

In its latest big buy, Charoen Pokphand Foods Plc (CPF), the SET-listed flagship of agribusiness giant Charoen Pokphand Group, has acquired Cofco Meat Suqian for 976 million baht [~US$27.4 million]. Through Chia Tai China Investment Co (CTCI), an indirect subsidiary of CPF in China, CPF will also take over the shareholder’s loans worth 2 billion

Suzhou-based Company Signs Joint Venture Agreement with Alberta’s Nelson Soil Remediation

Companies and institutions from the Canadian province of Alberta signed business agreements with domestic companies during a seminar held in Shanghai on Thursday [24 November 2016]. The agreements include a joint venture between Nelson Soil Remediation and Suzhou Niersen Environmental and Ecological Technology Co. A memorandum of understanding was also signed between NorQuest College and

Expired Fonterra Milk Powder Repackaged and Resold by Individuals in Shanghai

Fonterra is conducting an internal review but denies any wrongdoing after Chinese police arrested 19 people in Shanghai for selling around 300 tonnes of the company’s expired milk powder…Full Article: NZ Herald Oct 2016 Key Point Approximately 200 MTs of the expired Fonterra milk powder was repackaged and resold (via wholesale markets and e-commerce sites)