Young’s Seafood is planning to cast its net into the Chinese market as speculation intensifies over a multi-million pound sale of the business. Chief executive William Showalter said the company was in talks with potential partners over an export push into the Asian nation after expanding the brand across supermarket shelves in America…Full Article: Independent.ie Jan 2018
- In September 2017, a British food and drink delegation visited JD.com’s headquarters in Shanghai, the Bank of Shanghai, and three import-orientated supermarket chains. The British delegation consisted of representatives from Skinner’s Brewery (Cornwall, southwestern England), Rodda’s Creamery (Cornwall), Salcombe Distilling (Devon, southwestern England), Luscombe Drinks (Devon), Frobishers Juices (Devon), Bramley & Gage Spirits (South Gloucestershire, southwestern England), Stute Foods (Bristol, southwestern England), Shropshire Granola (West Midlands, central England), Jakemans Throat and Chest Ingredients (Lincolnshire, eastern England), Christie International, and Tudor Rose International.
- From January to June 2017, UK exports of salmon to China rose 61% (year-on-year increase), while crustacean and wine exports increased 179% and 98%, respectively. Other key agricultural exports included pork, milk, milk powder, whiskey, beer, and coffee.
- In January 2017, British Secretary of State for Environment, Food and Rural Affairs, voiced optimism in increasing agricultural exports to China amid Brexit concerns. From 2015 to 2016, according to the Secretary of State for Environment, Food and Rural Affairs, UK exports to China increased 50%. During the same month, a freight train transporting consumable goods (e.g. household items, clothes, etc.) from Yiwu, Zhejiang Province, arrived in London.
- Founded in 1805 and headquartered in Grimsby, northeastern England, Young’s Seafood is a major UK aquaculture company whose product line includes salmon, cod, mackerel, prawns, hake, haddock, sardines, scallops, and mussels.
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