Beverage Company Wahaha Group to Seek Israeli Help for Setting Up Industrial Robots in its New Lin’an Factory

China’s largest beverage producer Hangzhou Wahaha Group Co Ltd is planning to set up a new factory to expand the production of industrial robots as part of a business transformation. The value of the investment was not revealed, but Chairman Zong Qinghou told China Daily the figure could be significant. “Besides sticking to our main business

Energy Drink Maker, Red Bull, Retooling its Market Presence in China

The creator of Red Bull confirmed it is negotiating for the “right” structure and method of cooperation with Thai-Chinese property developer, the Reignwood Group, the company distributing the energy drink in China, as demand for the product continues growing. Thailand-based TC Pharmaceutical Industries Co Ltd was reacting to reports that had suggested the distribution agreement

Hangzhou Wahaha Group, China’s Largest Private Beverage Company, Lost Nearly US$800 Million in Revenue in 2014

Zong Qinghou, chairman of the Hangzhou Wahaha Group, China’s largest beverage company, said recently that he is fed up with internet rumors. During this year’s National People’s Congress, Zong complained that his company suffered a 5 billion yuan (US$797 million) decline in sales last year due to an internet rumor about Nutri-Express, a popular milk-based

China Intercepted More Than 3,500 Shipments of Substandard Food Imports in 2014

Chinese authorities uncovered 3,503 batches of substandard imported food in 2014, according to the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) on Friday [30 January 2015]. Poor quality, food additives and risk of microbial contamination were the biggest problems found with the imports, which came from 79 countries or regions, said the AQSIQ…Full

JiaDuoBao (Herbal Tea) is Best-Sold Canned Drink in China for 6th Straight Year

JiaDuoBao is topping the canned drink market through the first 9 months of 2012 with 11.12% of the total sales, followed by Coca Cola (10.27%) and Lulu brand almond milk (10.03%), according to data published by China Industrial Information Issuing Center (CIIIC). It’s the sixth year for JDB to top the best-sold canned drinks since

Coca-Cola “targeted” by China in hack ahead of acquisition attempt

Chinese hackers have been blamed for infiltrating confidential systems within Coca-Cola for more than a month, Bloomberg has reported. The fizzy drink firm was breached in 2009 when a malicious link was emailed to a senior executive. Hackers were able to spend a month operating undetected, logging commercially sensitive information. The US Securities and Exchange