Hong Kong’s Fosun Group to Buy Out Asahi Group’s Stake in Tsingtao Brewery

Fosun Group, one of China’s biggest buyers of overseas assets, has turned its sights back to its home turf, as it buys out a Japanese shareholder in one of the country’s oldest and biggest breweries…Full Article: South China Morning Post Dec 2017 Key Points Fosun International (HKG:0656) will out Asahi Group’s stake in Tsingtao Brewery

Hungary Begins Freight Train Exports of Food Products to Hunan Province

The Xiang Ou Express Budapest-Changsha return freight train carrying Central European cargo containers to Changsha, China, was launched from here for the first time on Monday [27 November 2017]. The train carries 41 containers of red wine, beer, cereals, milk powder and hardware accessories made in Hungary and its neighboring countries…Full Article: Xinhua Nov 2017

South Korean Food Exports to China Recover in September Thanks to Ginseng, Ramen, and Beer

South Korea’s food and agricultural exports to China rebounded for the first time in six months in September, thanks to strong sales of gingseng, ramyeon and beer, the government said Wednesday. Outbound shipments of food and agricultural products to China was estimated at $108 million in September, up 1.1 percent from a year earlier, according

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