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

Shandong’s Yantai Changyu Wine Snaps Up 5th Overseas Acquisition

Chinese winery Yantai Changyu Wine Co bought an 80 percent stake in the Clare Valley’s award-winning Kilikanoon Estate in Australia for AUD $20.6 million ($16.4 million). The deal was signed at a ceremony held in Adelaide, Australia, Jan 18…Full Article: China Daily Jan 2018 Key Point To date, this is Changyu Pioneer Wine’s (SHE:000869) fifth

Australian Citrus and Stone Fruits Gain Greater Access to Chinese Market

The signing of a protocol between China and Australia today for the export of plums, peaches and apricots from Australia to China is tremendous news for Australian stone fruit growers…Full Article: Fresh Plaza Nov 2017 Citrus Australia has welcomed the announcement by Assistant Ministers for Agriculture and Water Resources Luke Hartsuyker and Senator Anne Ruston

Australia’s Treasury Wine Estates Hopes to Increase its Chinese Market Presence

One of Australia’s leading wine companies has promised to increase its focus on cracking the Chinese market. Michael Clarke, Chief Executive Officer of Treasury Wines, told the company’s Annual General Meeting (AGM) on Wednesday night that the company would seek to widen the gap between Treasury and its competitors in China…Full Article: Xinhua Oct 2017

Australian Wool Destined for China Replaced with Cheap Knockoff

The theft of high-end Australian wool destined for China is under investigation, authorities said on Wednesday [4 October 2017], as customers end up with lower-grade produce in a scam threatening the industry’s reputation…Full Article: South China Morning Post Oct 2017 Key Point In May 2017, law enforcement officials in Melbourne, Australia, began investigating complaints that