China

China To Buy Pork For State Reserves 'To Support Prices'

China's state planner said on Monday that central and local governments will start buying pork for state reserves to support prices, even after prices rebo...

Euro Zone Trade Surplus Surges, But Less Than Expected, In April

The euro zone's unadjusted trade surplus was almost five times higher in April than a year earlier, mainly thanks to a strong rebound in exports of machine...

Global Food Import Costs To Surge 12% To Record This Year: FAO

Global food import costs are expected to rise 12% in 2021 to a record due to surging commodity prices and robust demand during the COVID-19 crisis, the Uni...

Food Group Danone To Sell Stake In China Mengniu Dairy Company

Danone, under pressure from investment funds over its returns, will sell a 9.8% stake in China Mengniu Dairy Company, the food group said on Wednesday....

Treasury Wine To Overhaul Business, Sell Assets As Chinese Tariffs Bite

Treasury Wine Estates plans a major overhaul of its business that includes the likely sale of low priority brands and other assets, aiming to gain at...

Nestlé Says Gerber Products In China Are Safe, Rejects Group's Post

Nestlé has confirmed that all its Gerber baby cereal products made and sold in China are safe, and has reported to authorities an association that a...

China's Corn, Wheat Imports In 2020 Reach Record Highs

China's grains imports soared to record highs in 2020, customs data showed, after tight domestic corn supplies pushed prices to multi-year peaks, driving d...

China 2020 Meat Imports Close To 10 Million Tonnes, Up 60% Year On Year

China imported 9.91 million tonnes of meat in 2020, customs data showed, as the world's biggest consumer of meat stocked up on proteins after a further plu...