Chinese Food Producers Lament Lack of Access to Foreign Markets

China’s food producers are facing increased access certification barriers as overseas markets try to protect their own industries, putting pressure on Chinese exporters and squeezing their profits, business insiders said. Complicated attestation and strict access requests, including long approval periods and high fees, are being imposed on Chinese food products in foreign markets, Wang Hongyu,

Bright Food Group’s Shanghai Maling Completes 50% Acquisition of New Zealand’s Silver Fern Farms

China’s biggest meat processor completed a deal Tuesday [6 December 2016] to buy a half stake of New Zealand’s biggest meat cooperative. The deal sees Shanghai Maling take a 50-percent interest in Silver Fern Farms (SFF) at a price of NZ$267 million ($190.58 million)…Full Article: China Daily Dec 2016 Key Point New Zealand’s Silver Fern

Heilongjiang Binxi Cattle Industry, a Supplier of McDonald’s China, Offers to Buy New Zealander Lamb Producer

Chinese-backed NZ Binxi (Oamaru) Foods has made a $25.3 million 100% takeover offer for Invercargill-based Blue Sky Meats after the meat processor had sought expressions of interest from buyers…Full Article: NZ Herald Nov 2016 Key Points In December 2015, NZ Binxi (Oamaru) Foods, a subsidiary of Heilongjiang Binxi Cattle Industry, completed its takeover of Lean

New Zealand’s Government Approves 50% Purchase of Silver Fern Farms by Bright Food Group’s Shanghai Maling

Authorities in New Zealand on Tuesday [20 September 2016] gave the final go-ahead to the country’s biggest meat cooperative to sell a half stake to China’s biggest meat processor. Minister for Land Information Louise Upston and Associate Minister for Finance Paula Bennett gave the approval of Shanghai Maling’s application to purchase a 50-percent interest in

Chinese Imports of Fresh Milk, Soybeans, Wine, and Mutton Rose in 2014

China has long taken a cautious approach to controlling its staple grain import quota each year to ensure food security, but when it comes to other foodstuffs, overseas agricultural products are being warmly welcomed by the nation’s fast growing middle class. Thanks to the country’s fatter wallets and increasingly diverse diet, China imported 320,000 metric