Latest news

Eurasia Consult scans the food news from China on a daily basis.

On this page, we regularly drop a few lines of what we believe to be interesting information picked up during all that scanning. We will select items that do usually not reach the international media. We will make an effort to start with a clean page each Monday.

Update 15/4/2019

  • The Chinese authorities have released 700 sturgeons trained for rewilding released into Yangtze.
  • Insiders estimate the value of the Chinese market for probiotic foods and drinks in 2020 at RMB 84.9 billion.
  • Chinese have consumed 2 mln mt of tea in 2018. This is expected to increase to 2.1 mln mt in 2019.
  • A survey recently held among users of online shop Tmall shows that 65% of the Chinese consumers are concerned about healthy eating.

Update 16/4/2019

  • A delegation from distiller Moutai (Guizhou) recently visited Argentina to promote the culture and liquor of Moutai.
  • New Zealand dairy giant Fonterra introduced on April 15 its fresh milk product to the Chinese market under its Anchor brand.
  • Seasoning producer Tianwei (Sichuan) has listed successfully on the Shanghai stock exchange.
  • China has produced 9347.4 mt of morel mushrooms in 2018.
  • Haina Baichuan (Shandong) has launched a breakfast food pack for elderly based on sea cucumber.
  • China imported 1,039,400 mt of beef in 2018; up 49.5%. Brazil was the largest country of origin with 323,000 mt.

Update 17/4/2019

  • According to the statistics, Guangdong was the region that leased most land to food-related investment projects in the first quarter of 2019, followed by Yunnan and Hunan.
  • Fast food producer Juewei Food has generated a turnover of RMB 4.386 billion in 2018; up 13.46%.

Update 18/4/2019

  • China’s top producer of frozen dumplings, Sanquan, is filing a turnover of RMB 5.539 billion for 2018; up 5.39%. However, its turnover related to dumplings has decreased with 3.12% during that year. Insiders attribute this to an excess capacity in the industry.
  • Luckin Coffee, a self-declared challenger to Starbucks, has raised USD 150 mln in its latest round of funding from investors including BlackRock, which values the company at USD 2.9 billion.

Update 19/4/2019

  • The Chinese output of dates (jujubes) was 5.62 mln mt in 2017 up from 3.9 mln in 2005. The top region was Xijiang with 2.7 mln mt.
  • According to a recent survey, the Chinese market for herbal beverages will be close to RMB 20 billion in 2020.
  • China’s oldest ice tea Xurisheng, that disappeared in 2001, is announced to make a come-back soon.
  • The China Food Newspaper has filed an official complaint against the newly erected ‘China Anti Food Additives Association’, claiming that this organization has not been officially approved.

I will be travelling in South America for a few weeks, which may influence the regular updating of this page.

 

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