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Chinese spending hits record high on Singles' Day

Chinese spending hits record high on Singles' Day

13/11/2019 - 13:53
Chinese consumers spent a record amount on Alibaba platforms on Monday during the annual “Singles’ Day” buying spree, the world’s biggest 24-hour shopping event, which was launched with a glitzy show by US singer Taylor Swift.  read more
How a US-China trade deal could benefit SA

How a US-China trade deal could benefit SA

11/11/2019 - 09:53
Africa is poised to become the “land of opportunity” for bond and equity investors should the US and China strike a trade deal, Bank of America (BofA) says. read more
Shoemaker Vans treads wearily as China fumes over Hong Kong

Shoemaker Vans treads wearily as China fumes over Hong Kong

09/10/2019 - 13:20
US sports brand Vans has removed “a small number” of submissions in a sneaker design competition including one apparently giving a shout out to Hong Kong’s pro-democracy protests, as companies weigh the risks of angering China. read more
Alibaba set for new era as flamboyant Jack Ma departs

Alibaba set for new era as flamboyant Jack Ma departs

11/09/2019 - 09:33
Alibaba chair Jack Ma has stepped down from the Chinese group, leaving his handpicked successor a daunting task of steering the $460bn juggernaut at a time when the market for its core e-commerce business has slowed sharply. read more
Alibaba results beat estimates on cloud, e-commerce growth

Alibaba results beat estimates on cloud, e-commerce growth

19/08/2019 - 14:08
China’s Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit, aided by growth in its e-commerce and cloud computing businesses. read more
Nestlé and Starbucks tie-up heads to China

Nestlé and Starbucks tie-up heads to China

08/08/2019 - 09:31
Nestlé plans to introduce its first range of Starbucks-branded products in China, as part of a global tie-up that will help bolster the Swiss company’s proprietary Nespresso capsules in one of its fastest-growing markets. read more
Boost for SA's economy as China lifts its beef ban

Boost for SA's economy as China lifts its beef ban

07/08/2019 - 09:10
Within one month of the meeting between President Cyril Ramaphosa and President Xi Jinping at the G20, China has announced that it is lifting the ban on South African beef exports to China. This will be a major boost to South Africa’s economy given that China is the largest consuming market for South African beef and related products. read more
Swine fever epidemic may slash China's pig herd by half

Swine fever epidemic may slash China's pig herd by half

30/07/2019 - 10:52
China’s pig herd could halve by the end of 2019 from a year earlier as an epidemic of African swine fever sweeps through the world’s top pork producer, analysts at Dutch bank Rabobank forecast. read more
SA's first citrus shipment arrives in China

SA's first citrus shipment arrives in China

13/06/2019 - 15:39
The historic shipment of 5 200 tons of citrus in a breakbulk vessel has arrived at Shanghai Port in the People’s Republic of China. read more
US jealousy sparked trade wars, says Chinese ambassador

US jealousy sparked trade wars, says Chinese ambassador

21/05/2019 - 10:48
The US is jealous of China’s rapid economic growth and achievements in the past few years and was using the trade wars to frustrate and stall it, Lin Songtian, the Chinese ambassador to SA said. read more
Alibaba beats analyst estimates as recommendations boost sales

Alibaba beats analyst estimates as recommendations boost sales

17/05/2019 - 09:38
The Alibaba Group posted quarterly revenue and earnings that topped analyst estimates as personalised recommendations drive consumer spending across its shopping sites. read more
Nestlé opens new research and development centre in Beijing

Nestlé opens new research and development centre in Beijing

26/03/2019 - 10:08
Nestlé aims to accelerate trend-based innovation in China as it inaugurates a new research and development centre (R&D) in Beijing and a system technology hub in Shenzhen. read more
Global economic slowdown and trade war hit risk appetite

Global economic slowdown and trade war hit risk appetite

12/03/2019 - 11:18
More and more evidence that the global economy is turning for the worst and the more aggressive stance of the US on trade tariffs against China had led to a sudden turn-around in risk appetite across the globe. read more
Hermes optimistic about Chinese sales

Hermes optimistic about Chinese sales

09/02/2019 - 21:32
French luxury handbag label Hermes said that sales momentum in its Chinese stores stayed strong in the fourth quarter, adding to reassuring signals from rivals over enduring demand in one of the industry's biggest markets. read more
Toymaker Lego aims at rapid expansion in China

Toymaker Lego aims at rapid expansion in China

04/02/2019 - 10:48
Danish toymaker Lego plans to more than double the number of shops in China in 2019 to 140 in its most rapid expansion in any market as demand for its colourful plastic bricks remains unaffected by a broader slowdown in the economy.  read more
China’s online shopping to disrupt the world soon enough

China’s online shopping to disrupt the world soon enough

19/12/2018 - 07:51
While SA’s retail sector is yet to fully embrace e-commerce, its Brics partner, China has become a behemoth in online shopping, which accounts for a massive chunk of luxury retail around the world.  read more
Hermes plans outlets in China as luxury sales soar

Hermes plans outlets in China as luxury sales soar

08/11/2018 - 14:52
French fashion house Hermes has reported another quarter of brisk sales growth, propelled by red-hot demand in China, where the ultra-chic brand expects further growth as it opens stores and rolls out online sales. read more
China to invest nearly $15bn in SA

China to invest nearly $15bn in SA

24/07/2018 - 13:53
China will invest $14.7bn in SA, President Cyril Ramaphosa said on Tuesday, after talks between the two countries. read more
China helps Carlsberg offset Russian weakness

China helps Carlsberg offset Russian weakness

03/05/2018 - 14:22
Strong growth in China for Carlsberg helped dilute the negative effects of currencies and lower volumes in the Russian market, allowing the Danish brewer to stick to its annual profit forecast. read more
China’s appetite for macadamias fuel SA industry

China’s appetite for macadamias fuel SA industry

11/04/2018 - 14:52
The demand for macadamia nuts in China is on the rise and has local farmers feeling optimistic. And for good reason. China has increased its nut consumption in recent years and is currently South Africa’s fastest growing importer, importing up to 40% of the total haul according to China’s National Industry Association (CSNC). read more
US retailers dread a trade war with China

US retailers dread a trade war with China

09/04/2018 - 10:49
The Trump administration’s trade dispute with Beijing could hit US retailers if tariffs are implemented and lead to higher prices or a shortage of merchandise. read more
AB InBev's ZX Ventures opens craft brewery in China

AB InBev's ZX Ventures opens craft brewery in China

09/02/2018 - 09:02
AB InBev’s venture capital division ZX Ventures has announced it will open a new craft brewery in Wuhan, China in order to tap into the growing market for premium beers in the country. read more
Spar opens first premium store in China

Spar opens first premium store in China

13/11/2017 - 10:58
Spar has opened its first premium store in China, with a focus on green, environmentally friendly and health conscious produce. read more
Alibaba Singles Day racks up $1 billion in sales in two minutes

Alibaba Singles Day racks up $1 billion in sales in two minutes

13/11/2017 - 10:46
Alibaba Group kicked off its annual Singles’ Day shopping bonanza, logging $1 billion in gross merchandise volume within the first two minutes. read more
55% of Chinese shoppers buy British

55% of Chinese shoppers buy British

09/11/2017 - 10:49
Fifty-five per cent of Chinese online shoppers purchase goods from the UK as goods are perceived to be “of premium quality”. read more
Topshop eyes Chinese expansion

Topshop eyes Chinese expansion

18/08/2017 - 14:02
British fashion retailer Topshop has unveiled plans to expand into the Chinese mainland with the opening of five new stores in the country next year. read more
Chinese eCommerce spending more than UK, U.S. combined

Chinese eCommerce spending more than UK, U.S. combined

11/05/2017 - 09:47
A new report from the Boston Consulting Group found that Chinese eCommerce spending was $750 billion in 2016, more than the U.S. and the UK combined, while it’s growing at 20% per year, twice as fast as those markets. read more
In China's premium sector, one size doesn't fit all

In China's premium sector, one size doesn't fit all

16/03/2017 - 09:17
Compared with just a few years ago, when eager consumers lined up outside a growing base of burgeoning high-end retail stores, today’s luxury market across China and Hong Kong is much more compressed. Despite the shift, however, the luxury sector is still one of opportunity—even if sales don’t come as easy as they once did. read more
Alibaba to buy China mall operator in $2.6bn plan

Alibaba to buy China mall operator in $2.6bn plan

12/01/2017 - 08:54
SHANGHAI - Chinese e-commerce titan Alibaba will take control of domestic department store Intime through a $2.6 billion privatisation scheme, sending shares of the mall operator surging. read more
Asia will lead global grocery market by 2021: IGD

Asia will lead global grocery market by 2021: IGD

06/12/2016 - 12:49
The grocery market in Asia is preparing to boom, said retail analyst IGD. read more
Alibaba reveal VR Pay technology allowing shoppers to pay with a nod

Alibaba reveal VR Pay technology allowing shoppers to pay with a nod

18/10/2016 - 12:47
Alibaba has revealed new technology allowing users to pay for goods within a virtual reality shop simply by nodding their heads. read more
China growth steadies on consumer, dimming stimulus expectations

China growth steadies on consumer, dimming stimulus expectations

18/07/2016 - 14:57
Beijing - China’s growth stabilised as lending and consumer spending picked up, suggesting the economy is responding to stepped up policy support. read more
Wanted: Oil traders who can hold their booze - China

Wanted: Oil traders who can hold their booze - China

13/06/2016 - 12:01
Beijing - Chinese independent oil companies are luring traders, marketers and risk managers away from dominant state behemoths, offering better pay and benefits in a hiring spree triggered by the freeing up of China's crude import trade. read more
China wields increasing power in world wine market - France

China wields increasing power in world wine market - France

19/04/2016 - 10:22
Paris - The global wine market grew almost 11% last year as China not only drank more wine but also produced more, the International Organisation of Vine and Wine (OIV) said on Monday (18 April). read more
Hanekom: SA paying heavy price for new visa rules

Hanekom: SA paying heavy price for new visa rules

15/04/2016 - 10:47
Cape Town - South Africa paid a heavy price for implementing the new visa regulations, Minister of Tourism Derek Hanekom said on Thursday (14 April). read more
SA wins quarantine approval for Indonesia

SA wins quarantine approval for Indonesia

15/04/2016 - 10:12
Johannesburg - South Africa won quarantine approval to sell more deciduous fruits and nuts to Indonesia, increasing the export potential for its produce to the world’s fourth most-populous nation, industry body Hortgro said. read more
AB InBev sells SABMiller’s stake in Chinese brewer - China

AB InBev sells SABMiller’s stake in Chinese brewer - China

02/03/2016 - 09:52
Shanghai — The world’s top brewer, Anheuser-Busch InBev, has agreed to sell SABMiller’s stake in China’s leading beer maker to the local partner for $1.6bn, as part of a mega-merger between the giants. read more
Amazon expands logistics reach - USA / China

Amazon expands logistics reach - USA / China

11/02/2016 - 11:52
San Francisco/Shanghai - Amazon.com is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages. read more
Amazon moves into ocean shipping - USA

Amazon moves into ocean shipping - USA

15/01/2016 - 11:44
San Francisco - Amazon.com’s China arm has registered as an ocean freight forwarder, according to the US Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to US shoppers. read more
Recession looms as rand collapses

Recession looms as rand collapses

12/01/2016 - 09:21
Johannesburg - South Africa is moving closer to a recession and possible credit-rating downgrade to junk after the rand collapsed and as investors lose faith in the ability of President Jacob Zuma’s government to stem the slide. read more
Alibaba makes $5 billion in 90 minutes - China

Alibaba makes $5 billion in 90 minutes - China

11/11/2015 - 10:23
The world’s biggest online shopping holiday got off to a roaring start in China. read more
China pledges R660bn for SA industrialisation

China pledges R660bn for SA industrialisation

21/10/2015 - 09:01
Cape Town – China pledged $50bn (R660bn) towards industrialisation projects in South Africa on Tuesday, ahead of its upcoming Forum on China-Africa Cooperation. read more
SA's business confidence at 22-year low

SA's business confidence at 22-year low

07/10/2015 - 08:30
Johannesburg - Business confidence in South Africa has dipped to its lowest level since the end of apartheid on the back of an unstable currency and lower commodity prices, a survey showed Tuesday. read more
SA companies in poor health

SA companies in poor health

04/09/2015 - 09:07
Johannesburg - The financial health of SA businesses is at its lowest point since the 2009 stock market crisis says Experian.  read more
The real reason why South Africa is partnering with China

The real reason why South Africa is partnering with China

01/09/2015 - 10:28
David Shapiro, director and deputy chair at Sasfin Securities, said that the reason South Africa is looking at China and the East as economic partners is because they tolerate our incompetence and corruption. read more
SA's Brait buys Britain’s New Look for R14.2bn

SA's Brait buys Britain’s New Look for R14.2bn

18/05/2015 - 09:37
Johannesburg - African investment heavyweight Brait SE [JSE:BAT] said it will pay $1.2bn for virtually all of budget clothes retailer NewLook, giving it a substantial presence in Britain's fiercely competitive fashion retail market. read more
The world’s biggest wine producers

The world’s biggest wine producers

07/05/2015 - 13:14
South Africa is one of the biggest wine producers and exporters in the world – but the relative affordability of our offerings means the country does not benefit as much financially as some of its counterparts. read more
Higher consumer spend expected in second half

Higher consumer spend expected in second half

30/04/2015 - 10:12
While steep electricity and municipal tariff increases are set to weigh on household disposable incomes in the second half of the year, this will not be enough to dent expectations of improved consumer spending. read more
Steinhoff likely to list in Frankfurt in June

Steinhoff likely to list in Frankfurt in June

05/03/2015 - 09:37
Johannesburg - Furniture group Steinhoff [JSE:SHF] is likely to move its primary listing to Frankfurt by June, its CEO said, after the floatation was delayed due to its $5.7bn deal to buy clothes retailer Pepkor in November. read more
Increase in petrol price is likely as oil rises

Increase in petrol price is likely as oil rises

09/02/2015 - 10:09
Motorists may have to pay more for petrol over the next two months after having enjoyed six months of consecutive price cuts. read more
Hugo Boss sales miss estimates - Germany

Hugo Boss sales miss estimates - Germany

05/02/2015 - 09:34
Berlin - Hugo Boss AG reported fourth-quarter sales and profit that missed estimates as the German clothier contended with sluggish demand for high-priced fashion in economically stagnant Europe.  read more
Avon settles over bribe probe - USA

Avon settles over bribe probe - USA

19/12/2014 - 09:12
New York - US authorities have fined the international cosmetics seller Avon Products $135m to settle a corruption probe in China. read more
SA to start nuclear procurement process

SA to start nuclear procurement process

18/12/2014 - 09:56
Johannesburg - A "critical milestone" has been reached in South Africa's plans to build new nuclear power stations, the presidency announced on Wednesday. read more
Wal-Mart hid real performance, inflated sales - China

Wal-Mart hid real performance, inflated sales - China

12/12/2014 - 08:41
New York - Wal-Mart Stores Inc. has reportedly discovered discrepancies in accounting practices its China business was using that made performance look better than it really was. read more
An answer to energy woes?

An answer to energy woes?

02/12/2014 - 10:14
The benefits of liquefied petroleum gas (LPG) as an alternative to traditional biofuels have been widely documented. read more
JSE stocks drop for fourth day

JSE stocks drop for fourth day

26/11/2014 - 10:52
Johannesburg - South African stocks declined for a fourth day in the longest losing stretch since October 2, as weaker oil and metal prices weighed on resources companies and manufacturing slowed in China.  read more
Earth is running out of chocolate

Earth is running out of chocolate

19/11/2014 - 11:22
“Earth is running out of chocolate, which will lead to an increase in the producer price for farmers. It is a demand and supply situation,” – Dr. Gabriel Ayisi – from the Washington Post. read more
SABMiller Africa region yields best interim growth

SABMiller Africa region yields best interim growth

20/10/2014 - 10:15
SABMiller has newly consolidated Africa business, which includes SA for the first time, was its fastest-growing region in the six months ended September, during which weak demand in China and Australia saw group wide beer volumes decline marginally from the same period the year before. read more
African market supports SABMiller

African market supports SABMiller

15/10/2014 - 10:42
SABMiller commanded a strong market position in Africa and could consolidate it through acquisitions and partnerships, analysts said yesterday, although the sub-Saharan market also posed regulatory and consumer pressure drawbacks for the global brewer.  read more
Yum China sees big sales recovery - UK

Yum China sees big sales recovery - UK

09/10/2014 - 12:05
London - Yum Brands said on Wednesday it expects China sales to bounce back strongly in 2015, but cautioned that it likely faces a bumpy, multi-month recovery from a recent supplier scandal that scared away diners in its most important market. read more
Markets in a tailspin over China fears

Markets in a tailspin over China fears

23/09/2014 - 10:52
Johannesburg - South Africa’s equity and currency markets went into a tailspin yesterday, with the rand hitting a fresh seven-month low and the JSE’s benchmark indices sliding 2 percent as investors around the world grappled with the prospect of a slowdown in China.  read more
Alibaba off to strong start; gains 38% on first day of trading - USA

Alibaba off to strong start; gains 38% on first day of trading - USA

22/09/2014 - 13:37
New York – Chinese e-commerce giant Alibaba Group Holding Ltd. on Friday closed its first day of trading, on the New York Stock Exchange, with its shares up 38% from its I.P.O., closing at $93.89. read more
Breweries profit up 182% - Namibia

Breweries profit up 182% - Namibia

12/09/2014 - 10:04
Releasing its financial results in the capital this week, Namibia Breweries Limited announced a 10% decrease in operating profit but a staggering rise of 182% in net profit after tax mainly due to the outstanding success of their cost-cutting measures. read more
China to help Zim build economic zones- Zimbabwe

China to help Zim build economic zones- Zimbabwe

05/09/2014 - 08:55
Harare - China will help Zimbabwe build special economic zones and industrial parks to jump-start exports and a struggling economy, its ambassador to Harare said on Thursday as a Chinese firm started expanding the country's largest hydro-power plant. read more
Scandal-hit food firm withdraws products

Scandal-hit food firm withdraws products

28/07/2014 - 16:49
Beijing - The parent company of a scandal-hit Chinese food supplier has announced that it was withdrawing all products made by the subsidiary. read more
Husi Food staff held over meat scandal

Husi Food staff held over meat scandal

24/07/2014 - 09:02
Five employees of a company accused of selling expired beef and chicken to McDonald’s, KFC and other restaurants, were detained by Chinese police yesterday after an official said illegal activity was an organised effort by the supplier. read more
 Starbucks expands to Vietnam

Starbucks expands to Vietnam

23/07/2014 - 16:01
Hanoi - With more coffee shops per square mile than probably anywhere on earth, opening a cafe in Vietnam's capital could be a bit of a gamble. This week, US coffee chain Starbucks is opening three of them. read more
Maersk in shipping alliance with MSC

Maersk in shipping alliance with MSC

11/07/2014 - 11:56
Copenhagen - AP Moeller-Maersk on Thursday announced an alliance with shipping company MSC on some of the world's busiest cargo routes after China scuppered a planned tie-up between the two companies and CMA. read more
US beats China’s oil demand growth in 2013

US beats China’s oil demand growth in 2013

18/06/2014 - 15:19
Oil demand in the United States grew at the fastest pace in the world in 2013, outstripping China for the first time since 1999 as the globe’s top economy reaped the benefits of a shale boom, Oil Company BP said. read more
China's JD.com makes Wall Street splash

China's JD.com makes Wall Street splash

23/05/2014 - 11:05
New York - Chinese online retailer, JD.com, rallied on Thursday in its Wall Street debut, suggesting an appetite for its larger rival Alibaba. read more
Facebook plans China sales office

Facebook plans China sales office

14/05/2014 - 11:55
San Francisco - Facebook is taking steps to open a sales office in China to work with local advertisers, according to people with knowledge of the matter, in a move that would put the social network’s employees in the country for the first time, even as its service remains censored there.  read more
Belgium passes China as major Zim tobacco buyer

Belgium passes China as major Zim tobacco buyer

24/04/2014 - 15:21
HARARE - Belgium has overtaken China as the major buyer of Zimbabwe’s tobacco. read more
China shoe strike spreads

China shoe strike spreads

23/04/2014 - 11:14
Shanghai - One of China's biggest strikes in years stretched into a second week on Monday and spread from a huge shoe production complex in southern Guangdong province to a facility owned by the same company in the neighbouring Jiangxi province.  read more
China's deal to end European wine probe

China's deal to end European wine probe

27/03/2014 - 12:05
Beijing - China's commerce minister said the Chinese and European wine industries had reached a deal to end an anti-dumping and anti-subsidy probe into European wine imports, ahead of a trip to Europe by China's president. read more
Namibia Breweries Chinese consignment exceeds expectations

Namibia Breweries Chinese consignment exceeds expectations

18/02/2014 - 12:28
Namibia Breweries Limited (NBL) announced last month that its first consignment of Windhoek Lager to China has exceeded all expectations. read more
Chinese firm to invest over $2 billion in Shama industrial park, Ghana

Chinese firm to invest over $2 billion in Shama industrial park, Ghana

08/01/2014 - 11:16
Chinese firm, Huasheng Jiangquan Group, is indicated it will invest over $2 billion for the construction of an industrial park in Shama in the Western Region.  read more
Red Bull plans drinks sales in China

Red Bull plans drinks sales in China

17/12/2013 - 07:59
Vienna - Red Bull is planning to launch its best-selling energy drink in China after gaining the necessary permissions, and is building an office in Shanghai, Austria's Kronen Zeitung reported. read more
China's wine deal in SA

China's wine deal in SA

06/12/2013 - 08:49
Cape town - Following on China’s recent significant investments in the French wine industry, especially in Bordeaux, they have also made their first investment in the South African wine industry. read more
Walmart to expand in China with 110 new stores

Walmart to expand in China with 110 new stores

29/10/2013 - 08:31
Bentonville, Ark. – Wal-Mart Stores plans to open as many as 110 stores in China between 2014 and 2016, as well as several new Sam’s Club locations there. The new stores will employ as many as 19,000 people. read more
China’s consumer inflation rises

China’s consumer inflation rises

21/10/2013 - 10:58
hina's consumer price index (CPI), a key measure of inflation, climbed to 3.1 percent year-on-year in September, the government has said.  read more
Distell taps into China's cognac market

Distell taps into China's cognac market

09/10/2013 - 10:23
Johannesburg - South African liquor company Distell Group Limited [JSE:DST] has acquired a 60% share in fast-growing liquor distribution company CJ Wines & Spirits‚ expanding its presence in the East. read more
China VAT hike to hit SA consumers

China VAT hike to hit SA consumers

30/09/2013 - 15:54
Johannesburg - China's decision to place a 6% VAT charge on freight and related costs is going to have an impact on the importing price from China, warned Asgar Mahomed, managing director of ICT distributor, Esquire Technologies. read more
Prada: China is performing well

Prada: China is performing well

18/09/2013 - 15:33
Milan - Prada is seeing green shoots in Europe and feels confident about China, its biggest market, even though sales slowed in the first half, the luxury Italian fashion house said on Tuesday. read more
Foreign firms in China beef up compliance

Foreign firms in China beef up compliance

04/09/2013 - 11:58
Beijing - Foreign companies in China are getting increasingly jumpy about a spate of antitrust and corruption investigations by Chinese authorities and are hiring lawyers to make sure their operations comply with the law. read more
L’Oréal announces proposal to acquire Magic Holdings in China

L’Oréal announces proposal to acquire Magic Holdings in China

23/08/2013 - 12:44
Clichy / Shanghai / Hong Kong, August 15,2013 – L’Oréal and Magic Holdings International Limited have issued today a “joint announcement” regarding L’Oréal’s proposal to acquire all of the shares of Magic Holdings International Limited, a company listed in the Hong Kong Stock Exchange (stock code: 1633.HK). The proposed price is 6,30 HK dollars per share. read more
New shipping route to change world trade

New shipping route to change world trade

19/08/2013 - 08:44
Shanghai -The maiden voyage to Europe by a Chinese merchant ship through the "Northeast Passage" will help the world's biggest exporter speed goods to market and is a symbol of Beijing's strategic ambitions in the Arctic. read more
25 Chinese firms set up in Zambia's Chambishi MFEZ

25 Chinese firms set up in Zambia's Chambishi MFEZ

13/08/2013 - 09:27
A total of 25 Chinese enterprises worth US$1.2 million have been set up in the Chambishi Multi Facility Economic Zone (MFEZ) in the past year, the Zambia Development Agency (ZDA) has said.  read more
Change in maize market competition

Change in maize market competition

12/08/2013 - 09:17
Buenos Aires - China has approved its first major shipment of genetically modified Argentine maize, Buenos Aires officials said last week, signalling an increase in competition for a market long dominated by US exporters. read more
South African wine producers to feel the heat

South African wine producers to feel the heat

05/08/2013 - 08:53
Cape Town - The global wine industry is worth $230bn a year and the potential yields for the South African industry have never been as great, nor the pitfalls as plenty, according to Linda Buckley, director of executive education at UCT’s Graduate School of Business (GSB). read more
China agrees to talks on wine dispute

China agrees to talks on wine dispute

30/07/2013 - 07:28
Brussels - China and the European Union have agreed there is a "window for discussions" to try to resolve accusations that Europe is dumping wine in China, the EU's trade chief said on Monday. read more
Carrefour Q2 2013 results, Preparing for life as a healthy #2 in the market, rather than an ailing #1

Carrefour Q2 2013 results, Preparing for life as a healthy #2 in the market, rather than an ailing #1

25/07/2013 - 15:17
On Carrefour’s second-quarter results, Gildas Aitamer, Retail Analyst at Planet Retail, commented:  read more
Getting Chinese to drink more South African wine

Getting Chinese to drink more South African wine

19/07/2013 - 07:29
Cape Town - The Western Cape department of agriculture, together with Wines of South Africa, recently hosted the second Beijing Wine Tasting in China.  read more
China exports dip in June

China exports dip in June

12/07/2013 - 08:37
Beijing - China's exports fell 3.1% year-on-year (y/y) in June with imports also declining, the government said on Wednesday, in the latest signs of slowing growth in the world's second-largest economy.  read more
Use W Cape as African gateway, China told

Use W Cape as African gateway, China told

04/07/2013 - 09:34
Cape Town - China should use the Western Cape as an investment gateway into Africa, the provincial agriculture and rural development department said on Wednesday. read more
Agri-sector boosts 54 000 new jobs

Agri-sector boosts 54 000 new jobs

30/05/2013 - 09:11
Cape Town - A total of 54 000 new jobs were created in the agriculture sector in the first three months of the year, Agriculture Minister Tina Joemat-Pettersson said on Wednesday. read more
France's Danone acquires 8.3% stake in Chinese dairy company

France's Danone acquires 8.3% stake in Chinese dairy company

29/05/2013 - 09:28
The world's leading yogurt maker Danone announced that it has agreed to acquire a 8.3% stake in the Chinese dairy company Mengniu, and it will establish a joint venture with Mengniu in China. read more
Zimbabwe, China talks business

Zimbabwe, China talks business

22/05/2013 - 09:35
Harare - Chinese Vice Premier Wang Yang arrived in Zimbabwe on Tuesday on a business visit praising Beijing's ties with the southern African country. read more
Chinese manufacturing slows in April

Chinese manufacturing slows in April

26/04/2013 - 10:06
Beijing - Manufacturing activity slowed in China in April as exports were hit by sluggish overseas demand, HSBC said on Tuesday, fuelling concerns about the strength of the world's second-largest economy. read more
China's top liquor makers brace for slowdown as anti-luxury drive bites

China's top liquor makers brace for slowdown as anti-luxury drive bites

24/04/2013 - 07:34
(Reuters) - China's largest makers of popular, fiery "baijiu" liquor are bracing for a slowdown this year after nearly a decade of heady growth as a crackdown on lavish official spending starts to hit home. read more
Danone sales boosted on baby food demand

Danone sales boosted on baby food demand

17/04/2013 - 10:58
Paris - French food group Danone said Tuesday the explosion in demand for baby formula in China helped lift sales by 4.3% in the first quarter of the year to €5.3bn ($6.9bn). read more