My Food B2B Keynote Speaker@ SIAL China Retail & Hospitality Forum

Food Safety: Top brands of tea found to contain banned pesticides

TEA produced by some of China's top companies contained residue of banned pesticides, Greenpeace said in a report.

The environmental organization tested nine brands of 18 types of tea sold in Beijing, Sichuan and Hainan, including green tea, oolong tea and jasmine tea. Prices ranged from 120 yuan (US$19) to 2,000 yuan per kilog...

Posted on 13 April 2012 | 9:56 am

Industry: New anti-dumping duties on photo products

China's Ministry of Commerce imposed five-year anti-dumping duties of 16.2 to 28.8 percent on photographic paper and paperboard from the United States, the European Union and Japan in a final ruling on Thursday.

The move indicated that China is warning its trading partners about the intensifying trade investigations into Chinese goods and challenges to China's export regulations, according to experts.

The...

Posted on 23 March 2012 | 10:43 am

China Quality Standard: problems discovered in imported woolen sweaters

QUALITY problems were discovered in 20 percent of woolen sweaters tested recently by Shanghai quality watchdogs.

Problems included wool content not matching claims and the presence of harmful chemicals, said the Shanghai Bureau of Quality and Technical Supervision.

An H&M woolen sweater and one made by Captaino were found to contain less wool than claimed on their labels.

Safety Food: Water purifiers flooding the market

Manufacturers increase output as households worry over quality

Water purification is a mammoth business in the country as the population of more than 1.3 billion is more than ever concerned about the quality of what they drink.

China sold 30 million residential water purification systems last year, of which 20 million were purchased by Chinese families...

Posted on 20 March 2012 | 12:13 pm

IPR & Food: French wine maker toasts 6 court wins in China

CHATEAUX Lafite Rothschild, the French estate that produces some of the world's most expensive wines, has won six lawsuits against Chinese companies since fake Lafite was found flooding the Chinese market.

The Chinese companies have been ordered to pay a total of at least 800,000 yuan (US$126,984) in compensation, the company told Shanghai Daily yesterday.

Among the six cases, Shenzhen-based Jinhongd...

Posted on 16 March 2012 | 10:45 am

Food Investments: Chinese companies show appetite for growth through overseas M&A

Global food and beverage companies are likely to be the next major targets for Chinese enterprises pursuing overseas mergers and acquisitions, since tough global economic conditions are creating takeover opportunities.

Major domestic food and beverage companies, such as COFCO Group and Bright Food Group Co Ltd, have sho...

Posted on 14 March 2012 | 10:55 am

Coffee: Yunnan seeks to associate itself with coffee production

While most people know that tea originated in China, few associate coffee with the country.

Shen Peiping, Pu'er city Party chief, is determined to change that.

The Yunnan province city plans to double the number of coffee plantations it is home to and work with the well-known coffee-store chain St...

Posted on 14 March 2012 | 10:49 am

Fake Furniture: Da Vinci backs down, pays 'fake imports' fine

AUTHORITIES in Shanghai said yesterday that luxury furniture retailer Da Vinci has already paid its "fake imports" fine, over a month after the company openly refused to pay the penalty.

The Shanghai-based retailer was fined 1.33 million yuan (US$211,777) by the city's industry and commerce bureau in December, months after it was...

Posted on 12 February 2012 | 8:03 pm

China Trade: report shows drops in imports, exports

CHINA'S trade suffered a strong setback in January as both exports and imports dropped amid shrinking external demand and a slowing domestic economy.

The Spring Festival holiday, which distorted the usual working days, also contributed to the decline last month. But that didn't change the broad picture of China's weakeni...

Posted on 11 February 2012 | 7:49 pm

Luxury: Swiss watches clocking up record sales in China

CHINESE consumers are helping to boost the Swiss watch industry, with exports worth 19.3 billion Swiss francs (US$21.1 billion) last year, an industry report shows.

Hong Kong, the No. 1 market for Swiss watches, contributed 410 million Swiss francs to its global sales, followed by the United States with 19...

Posted on 4 February 2012 | 6:40 pm

Economy: Shanghai boosts innovation, restructuring

The famously competitive Shanghai is attempting a business makeover to boost innovation

Shanghai's development from a manufacturing base into a services center is a natural move for the cosmopolitan city, which has always harbored ambitions to rival New York and London as a global financial hub.

Economy: Davos leaders focusing on China

WHEN the global economy nearly choked on toxic debt three years ago, China and its massive investment stimulus was hailed as a savior that helped avert a disaster.

Fast forward to 2012 and business and economic leaders gathering in Davos have a more sober take on the Asian juggernaut, now seen as a source of hope and opportunity but also possible unpleasant surprises.

The world's second-largest econ...

Posted on 27 January 2012 | 6:40 pm

Fake Furniture: DaVinci scandal now smells of fraud

THERE is no telling how the conflicting forces swirling around the DaVinci furniture scandal are to play out, but the latest twist is already a test of the imagination.

The luxury furniture maker suffered a heavy blow July 10, when CCTV?s Weekly Quality Report program claimed that, after six months of underground investigation, it fou...

Posted on 11 January 2012 | 7:16 pm

Commerce: foreign trade growth reaches 20% in 2011

CHINA'S foreign trade last year is estimated to have grown by 20 percent to US$3.6 trillion, while its trade surplus will continue to narrow to around US$160 billion, Commerce Minister Chen Deming said in Beijing today.

The total trade surplus is likely to account for about 2 percent of the country's gross domestic product last year, compared to US$183.1 billion in 2010, which accounted for 3.1 percent of GDP that year, Chen said....

Posted on 5 January 2012 | 11:52 pm

Chinese Food safety scandals recur despite efforts to ban toxins

THE Year of the Dragon begins on January 23, and now is the time for many Chinese to do the pre-holiday shopping that will reward their families for a year of work.

However, 31-year-old Winnie, a new mother in Beijing, is uneasy and particular about buying food over fears of unsafe products.

Tax: China VAT reform to benefit 120,000 businesses in Shanghai

Majority of Shanghai's service companies participating in the value-added tax reform starting next month will benefit from lower taxes, and the government will offer subsidies to companies that may pay higher tax due to the reform, local tax officials said today.

About 120,000 Shanghai-registered service companies will switch from business tax to VAT next year, of which 85,000 are small taxpayers whose annual revenue is below 5 mi...

Posted on 30 December 2011 | 5:54 pm

Shanghai China Exposition project under way in Hongqiao

Construction started this morning on China's biggest exhibition complex in the city's Hongqiao business district.

The China Exposition project will cover about 100,000 square meters of land and have 400,000 square meters of indoor show space for domestic and international trade shows.

The g...

Posted on 27 December 2011 | 1:54 am

Fake Furniture: Shanghai Watchdog fines DaVinci

A CONTROVERSIAL Shanghai-based furniture seller has been fined 1.33 million yuan (US$209,895) over quality, labeling and advertising issues, watchdogs said yesterday.

However, the findings of the Shanghai Industrial and Commercial Administrative Bureau do not address the most high-profile claim against DaVinci Furniture...

Posted on 24 December 2011 | 6:43 pm

Food: 2 more victims in tainted Coca-Cola drink case

TWO more people are reported to have been poisoned by a Coca-Cola drink following the death of a 10-year-old boy whose mother is still in a coma after they drank the same product, officials said yesterday.

The drink, strawberry-flavored Minute Maid Pulpy Super Milky, has been banned from sale in Changchun, capital of northeastern China's Jilin Province, and taken off the shelves by one supermarket chain.

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