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PepsiCo and TAB in asset swap
NEW York-based snack and beverage giant PepsiCo yesterday announced it will swap its beverage bottling business in China for a stake in the beverage unit of -Tingyi Holdings. PepsiCo will…
Cheaper produce
FARM produce prices in China continued to fall for a third week, according to a report released by the Ministry of Commerce yesterday. In the week ended Sunday, the wholesale…
Sugar imports head for record
China’s imports of sugar will hit a record high of more than 2 million tons this year, as domestic production fails to keep pace with growing demand, an industry official…
Flooding in Thailand not likely to affect China’s food prices
The price of rice in China is likely to remain unaffected for the time being, despite the upward pressure on the international market prompted by recent flooding in Southeast Asia,…
Working with China ‘key’ to FDA’s future work
The US Food and Drug Administration (FDA) aims to have more in-depth cooperation with Chinese food and drug manufacturers, as it prepares for the global launch of its new IT…
Insect found in imported milk powder
A citizen in Qingdao surnamed Wang claimed compensation from a distributor after finding a live insect in Friso Care milk powder imported from The Netherlands. However, the distributor needed Wang…
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