East Asia

Tesco and CRE take first step to become China’s biggest retailer

Tesco and CRE take first step to become China’s biggest retailer

By RJ Whitehead

British supermarket chain Tesco and state-run China Resources Enterprise have quashed growing media speculation with the announcement of exclusive talks between the two majors to combine their Chinese retail operations and form what will become the biggest...

Environment means it's a tough task to boost private label popularity

China focus

Environment means it's a tough task to boost private label popularity

By RJ Whitehead

A Rabobank report this week estimated that India and China will by 2030 see the growth of private label food goods reach similar levels to which European retailers currently enjoy. However, one China specialist has urged caution in accepting such long-term...

India quicker than China to adopt private labels

India quicker than China to adopt private labels

By RJ Whitehead

India’s modern food retailers are adopting private labels at a faster pace than their counterparts in China - and in Europe before them - according to a new report from Rabobank, which says Indian retail reforms will likely boost the uptake of affordable...

Hong Kong RTE food listera tests

Listeria tests negative in Hong Kong sampling

By Joe Whitworth

The Centre for Food Safety (CFS) in Hong Kong has said almost 400 samples of ready-to-eat (RTE) food kept in refrigeration passed listeria monocytogenes testing.

The proposed business is expected to be create sales of £10bn

Tesco Chinese merger to create £10bn business

By Laurence Gibbons

Tesco has announced plans to combine its Chinese retail operations with consumer goods company China Resources Enterprise (CRE) in a bid to form the leading multi-format retailer in China.

Spierings claims Chinese ‘appreciated’ Fonterra's response to crisis

Contamination crisis

Spierings claims Chinese ‘appreciated’ Fonterra's response to crisis

By RJ Whitehead

The tone of Theo Spierings, chief executive of Fonterra, changed from mea culpa earlier in the week to defiance last night as he assured New Zealanders that Chinese authorities and consumers had “appreciated” the speed with which Fonterra had acted to...

Crisis will harm New Zealand more than Fonterra

Contamination crisis

Crisis will harm New Zealand more than Fonterra

By William Hao Wei Yang

With Fonterra’s contamination crisis unlikely to die down soon, the fall-out in China is likely to have more of a lingering impact on New Zealand’s continuing trade with the country than it will on Fonterra, say industry experts.

Coke recalls Minute Maid in China after Fonterra botulism scare

COKE ALLAYS FEARS, INSISTS WITHDRAWN DRINKS SAFE

Coke recalls Minute Maid in China after Fonterra botulism scare

By Ben BOUCKLEY

The Coca-Cola Company has recalled a Minute Maid line in China after New Zealand dairy giant Fonterra warned that whey protein used in the drinks could cause potentially fatal botulism.

China issues limited Fonterra ban, Russian reports rubbished

Contamination crisis

China issues limited Fonterra ban, Russian reports rubbished

By RJ Whitehead

Fonterra, the diary major at the centre of the C. botulinum scare concerning several batches of whey protein concentrate used to manufacture Nutricia’s Karicare infact formula, has confirmed that Chinese authorities have temporarily suspended the import...

GSK scandal should prompt China to reflect on wider pharma corruption

GSK scandal should prompt China to reflect on wider pharma corruption

By William Hao Wei Yang

As a new head of operations works out how best to guide GlaxoSmithKline’s China operation through a bribery scandal that has hit the world's headlines, industry watchers have have said the company is just the tip of the iceberg in a pharmaceutical...

KFC named China’s most powerful brand

China research

KFC named China’s most powerful brand

By RJ Whitehead

Fast food chain KFC tops the table in China as the most powerful international brand in the country, according to research compiled for the BBC.

Strong China sales push Usana to record results

Strong China sales push Usana to record results

By Hank Schultz

Usana Health Sciences has achieved another quarter of record financial results based largely on strong sales within China. In an earnings call with analysts discussing the company’s second quarter 2013 financial results, Paul A. Jones, Usana’s CFO, said...

Positive outlook for China’s pork output

Positive outlook for China’s pork output

By RJ Whitehead

China’s pork industry looks like it’s moving in a positive direction over the rest of this year, and as far as 2014, according to Rabobank research.

SAB Miller JV MD wants 30%+ market share in China

SAB Miller JV MD wants 30%+ market share in China

The head of SAB Miller’s JV in China says the firm should be gunning for a 30%+ beer market share as it seeks to consolidate its position as market leader, but major takeover targets are scarce.

Picture credit: (Nerissa/flickr)

Fonterra latest to cut Chinese prices after price-fixing probe

By Fiona Barry

Fonterra has slashed the cost of its Anmum maternal health products in China by 9%, making it the latest company to reduce its prices following the launch of a government investigation into suspected anti-trust law violations.

Danone Dumex cuts Chinese infant formula prices by up to 20%

Danone Dumex cuts Chinese infant formula prices by up to 20%

By Mark ASTLEY

Dumex – Danone’s infant nutrition business in Asia – has announced plans to reduce the price of its infant formula products in China by up to 20% in response to an investigation into its and other manufacturers’ pricing practices in the country.

Tetra Pak the latest multinational to hit the Chinese antitrust radar

Tetra Pak the latest multinational to hit the Chinese antitrust radar

By RJ Whitehead

Chinese authorities have opened an investigation into international packaging giant Tetra Pak over suspicions that it had abused its dominant market role in the country. This makes Tetra Pak the latest multinational company to be targeted by regulators.

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