McDonald’s Forecasts a Drop in Revenue in China Over Expired Meat Scandal

McDonald’s Corp, working to resume sales of beef and chicken in China this week after a supplier was accused of repackaging old meat, said the situation is hurting its sales in Asia. “McDonald’s businesses in China, Japan and certain other markets are experiencing a significant negative impact to results,” the US fast-food company said in

Tsingtao Brewery Eyes China’s Northern Markets with its Expansion into Hebei Province

Tsingtao Brewery acquired a local beer producer in North China’s Hebei province, and launched a joint venture with another in Shijiazhuang [e.g. Jiahe Brewery], wrapping up a storm of expansion in 2013. In a press release, Tsingtao said it would acquire Xinzhonglou, a 64-year-old brewery in Zhangjiakou on Dec 29…Full Article: China Daily Jan 2014

Poplar Forest in Northwestern Hebei Province, Planted to Guard against Sandstorms, in Decay

A forest planted decades ago to prevent sandstorms from hitting northern China is in a severe state of decay. The tree line covers more than 102,000 hectares of northern Zhangjiakou, a city in Hebei province about 200 kilometers from the capital. According to forestry officials, 92 percent of the poplars last year were “hypermature”, meaning

Hebei and Iowan Agricultural Companies Hold Trade Fair to Strengthen Economic Relationship

Hebei province and the US state of Iowa have been friends for 30 years, but 2013 could be a breakthrough year in their business relationship. “We have a number of exchanges, including in education and culture,” Iowa Governor Terry Branstad said on Thursday. “In the area of Chinese business, we’re really just getting started.” About