Hong Kong’s CK Hutchinson Holdings Acquires Melon Farms in Australia

A Chinese investment firm has completed one of the largest horticultural purchases in the history of Australia’s Northern Territory (NT). Hong Kong-based CK Hutchinson Holdings on Friday [23 November 2018] completed the purchase of two NT watermelon farms for 27.5 million Australian dollars (19.9 million U.S. dollars)…Full Article: Xinhua Nov 2018 Key Point The two

Chinese Agriculture Delegation Holds Training Seminar in Angola

A delegation of seven Chinese agricultural experts are providing a two-week training program for Angolan technicians in central Angola’s Huambo city in efforts to help cultivate more local talents and strengthen agricultural cooperation between the two countries. The training, which started early this week, has attracted more than 20 Angolan agricultural technicians…Full Article: Xinhua Nov

China Institutes New Regulations Amid Concerns that ASFV Outbreaks are Being Underreported

China on Wednesday [21 November 2018] issued new rules to tighten notification of cases of African swine fever, including incentives for whistle-blowers, amid concerns that outbreaks of the highly contagious disease are being under reported. The notice comes as the world’s top pork producer struggles to contain the disease with more than 60 outbreaks in

Wholly Owned Subsidiary of Legend Holdings, Joyvio Group, to Acquire a 94% Stake in Chile’s Australis Seafoods

Chinese investment firm Legend Holdings announced on Monday [19 November 2018] that its wholly owned subsidiary Joyvio has agreed to purchase a majority stake in Chilean salmon producer Australis Seafoods SA. Joyvio will buy a 94.47 percent stake in Australis Seafoods for $880 million, Singapore-based news website zaobao.com reported…Full Article: The Global Times Nov 2018

WH Group’s Smithfield Foods Rejects Bailout Assistance from the USDA’s Food Purchase and Distribution Program

The US Department of Agriculture (USDA) terminated a purchase contract worth $240,000 with Chinese-owned Smithfield Foods that had been awarded under the Trump administration’s agricultural trade bailout program, a move taken at the company’s request, a department spokesman said on Friday [16 November 2018]…Full Article: The Global Times Nov 2018 Key Point In October 2018,