Carrefour Stores (French Retail) in Shanghai allow Customers to Trace the Origin of Fresh Produce

Customers visiting Carrefour stores in Shanghai are now able to trace the origin of vegetables and fruits on sale by scanning the Quick Response codes of products with their smartphones. The production place and date of the item, the business license of its supplier and other information regarding the farms can be tracked down, officials

Indonesian Food Company Acquires Stake in Chinese Vegetable Processor

PT Indofood Sukses Makmur Tbk [leading Indonesian food company] has agreed to acquire 14.9% stake in China Minzhong Food Corporation Limited (CMFC), a China-based fresh vegetable processor. Under an agreement signed by both companies, CMFC would issue 98 million new shares, of which 14.95% would be acquired by Indofood. At an average price of US$1.0159

Government Advises Cities in Northern China to Prepare Contingency Plans to Release Vegetables & Meat Reserves

The State Council, or China’s cabinet, on Tuesday urged more targeted measures to stabilize food prices as the Spring Festival holiday, a peak time for food consumption, draws near. In a statement posted on the government’s official website, the State Council said agriculture authorities should play a guiding role in introducing cold-resistance and pest prevention

India Attempts to Address China Trade Imbalance with Fresh Produce Exports

India has several times raised the issue of market access to China for agricultural products. India-China bilateral trade stood at $75.5 billion, but the ballooning trade deficit in Beijing’s favor, which rose to about $40 billion in 2011-12, has raised concerns among Indian authorities. “India has consistently been raising the issue of market access and