Aussie dairy company renews distribution agreement with CSFA Shanghai
Australia’s a2 Milk Company has renewed its strategic arrangement with China State Farm Holding Shanghai (CSFA Shanghai) on Tuesday.
Feature: Freer trade brings fresher milk to Shanghai
Jason Ji, a New Zealander working in Shanghai, is picky about fresh milk. He insists on drinking milk from New Zealand, even though he spends most of his time in China.
Brownes Dairy sold to Chinese firm Shanghai Ground Food Tech
One of Western Australia’s most recognised household dairy names — the 130-year-old Brownes Dairy — has been sold to a Chinese firm.
By: Rebecca Trigger, Bridget Fitzgerald and Briana Shepherd
Source: ABC
Link: http://www.abc.net.au/news/2017-11-14/brownes-dairy-sold-to-shanghai-ground-food-tech/9149776
Fonterra Launches Anchor Milk Retail Pop-up in Shanghai
Fonterra has launched its first Anchor milk pop-up store at Super Brand Mall in Shanghai, bringing a slice of New Zealand to one of China’s busiest shopping complexes. Super Brand Mall attracts more than 20 million shoppers per year and boasts 250,000 square metres of retail space. The full Anchor China range of UHT milks, […]
China's Yili Scraps $667 Million Milk Deal; Shengmu Drops
Planned stake purchase fails to win regulatory approval. Yili also cancels plan to raise 9 billion yuan in placement. By Daniela Wei.
Chinese dairy imports recover in February
Imports of most dairy products to China increased significantly in February compared to year earlier levels. By
Shanghai Pengxin's Milk NZ posts 38% slump in 2016 revenue
Shanghai Pengxin’s Milk New Zealand Holdings unit widened its annual loss in 2016 as revenue sank by more than a third on a lower global milk price and the company’s sharemilking agreement with state-owned enterprise Landcorp. By Paul McBeth.
China economy grows at slowest pace in 25 years, latest GDP figures show
China economy grows at slowest pace in 25 years, latest GDP figures show.
Danone, Mead Johnson tight-lipped over acquisition rumor
French dairy group Danone and US infant formula maker Mead Johnson Nutrition Company have been in talks on a merger or an acquisition deal since March, an industry insider recently told Shanghai’s China Business News.
Ex-food company boss arrested
The former head of one of China’s largest food companies has been arrested as a large scale anti-corruption drive turns its focus to the country’s financial capital, Shanghai.