McDonald’s stores in China will change the cooking oil they use starting next year, despite an increased cost, and introduce new menu items including fruits and vegetables, the Beijing Times reported on Friday [15 July 2016]. Phyllis Cheung, the CEO of McDonald’s China, said the fast-food giant is testing new cooking oil and plans to […]

Nine companies from China have joined the Roundtable Sustainable Palm Oil (RSPO) body so far this year, including major sustainable palm oil importer Sinograin Oils Corp, taking the membership from China to 52, according to a note the RSPO sent to the Global Times on Thursday [14 July 2016]…Full Article: The Global Times July 2016 […]

China on Wednesday [13 July 2015] donated 15 million yuan (2.24 million U.S. dollars) worth of agricultural machinery and equipment to the Beninese government. The donation comprises 100 wheeled tractors, 100 trailers, 85 ploughs, 30 rice mills and 100 maize mills…Full Article: ECNS.cn July 2016 ChinaAg Comment In November 1964, Benin and China established diplomatic […]

This year Maslo-Del LLP plans to increase sunflower oil exports to China up to 10 KMT [10,000 MTs] against 4.6 KMT [4,600 MTs] last year. During January-May 2016 2.8 KMT [2,800 MTs] of sunflower oil was exported to China and till the end of the year the company plans to export at least 7.2 KMT…Full […]

China and Mongolia agreed to speed up the alignment of their development strategies and boost bilateral practical cooperation in major fields for better accomplishment of mutual benefits and win-win results, visiting Chinese Premier Li Keqiang said here Thursday. Li made the remarks during a joint press conference with his Mongolian counterpart Jargaltulga Erdenebat…Full Article: Xinhua […]

Argentina is exploring expanded economic, commercial ties with China, the Argentinean Foreign Ministry said Wednesday [13 July 2016]. Argentinean and Chinese authorities concluded on July 11-12 a complete revision of the two countries’ trade and investment agreements during the 20th meeting of the two countries’ Joint Economic and Commercial Commission (COMIXTA) in Beijing…Full Article: China […]

A Chinese-built inland aquaculture center was handed over to the government of Namibia on Friday [8 July 2016]. The Hardap Inland Aquaculture Center, about 270 kilometers from capital Windhoek, was constructed by the Sinohydro Tianjin Engineering on behalf of the Chinese government…Full Article: ECNS.cn July 2016 Key Points In November 2014, construction on the Hardap […]

An increasing number of vendors who sell snacks imported from the Philippines on taobao.com, China’s largest online shopping platform under the domestic Internet titan Alibaba Group Holding, began to boycott the sales of Philippine imported snacks after The Hague tribunal ruled against China in the South China Sea award on Tuesday [12 July 2016]…Full Article: […]

As part of a program to upgrade its food sales, Starbucks Corporation will become a licensee and investor in the boutique bakery and cafe Princi. The bakery will offer food in all new Starbucks roastery locations, including Shanghai and New York…Full Article: ECNS.cn July 2016 Key Point Princi food products will be used to stock […]

Chinese fruit exporter Golden Wing Mau Agricultural Produce has built up a 19.99% stake in T&G Global [NZX: TGG], paying an 18% premium to make it the second biggest shareholder in the local company…Full Article: National Business Review July 2016 Key Point The 19.99% purchase by Golden Wing Mau must pass Chinese regulatory approval by […]

The State-owned Assets Supervision and Administration Commission on Friday [15 July 2016] announced the merger of China National Cereals, Oils and Foodstuffs Corp with Chinatex Corp, in the process of creating a bigger rival to compete with the so-called ABCD companies…Full Article: China.org.cn July 2016 Key Point COFCO, Chinatex, and China Grain Reserve Corporation (Sinograin) […]

The cooperation between Wal-Mart Stores Inc and JD.com Inc will not affect the American multinational retailer’s plan for bricks-and-mortar stores in China, but the flagship internet store of Sam’s Club China will be opened on JD in a few months…Full Article: ECNS.cn July 2016 Key Point From 2015 to 2017, Walmart plans to open 115 […]