Potato News from China

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McDonald's for news
November 14, 2008
McDonald's opens 1,000th China store
McDonald's Corp said on Friday it had opened its 1,000th store in China in the southern province of Guangdong, and planned to open another 175 stores in the country in 2009."McDonald's will be continuing to invest and build in China at an ever inc...
From the archive
China Essence Group
November 14, 2008
Potato Starch manufacturer China Essence Group reports 39.1% increase in 1H FY2009 Revenue
Chinese Potato Starch Manufacturer China Essence Group reports: Revenue increases 39.1% to RMB359.7 million for 1H FY2009 thanks to stronger potato starch sales and a higher average selling price of potato starch. Gross profit surges 26.1% to...
From the archive
November 13, 2008
Domestic and multinational food processors thrive in expanding Chinese market
The transition of China's economy from traditional to modern is flourishing as urban economic development draws millions of Chinese residents from the countryside to the city. For many, trips to open markets for fresh produce and to supermarkets for a ...
From the archive
Frito-Lay for news
November 03, 2008
PepsiCo Plans to Invest $1 Billion in China Over the Next Four Years
PepsiCo, one of the world's largest food and beverage companies, announced today that it plans to invest U.S. $1 billion in China over the next four years. The investment is part of the company's ongoing strategy to expand in emerging markets and broad...
From the archive
September 26, 2008
KFC deja KO a McDonalds en China
Kentucky Fried Chicken ha conseguido lo que otras cadenas de comida rápida llevan tiempo soñando. La enseña americana supera, en China, a todos sus competidores del sector, incluido al líder del mercado mundial, McDonald’s. El éxito de KFC en el país o...
From the archive
Avebe for news
September 26, 2008
Avebe Executive Gerben Meursing visits Taiwan
Gerben J. Meursing, Managing Director of Commerce of AVEBE UA, arrived in Taipei recently to host the 6th anniversary of opening ceremony AVEBE (Far East) Pte Ltd Representative Office, one of AVEBE's subsidiaries. Meursing said, "We will streng...
From the archive
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KFC for news
September 21, 2008
KFC - 'a foreign brand with Chinese characteristics'
One of the many mysteries of modern marketing is how KFC, a once rather lack-luster American fast food brand, outperformed all competitors and in particular arch rival and world market leader McDonald's, to become the biggest restaurant chain in China....
From the archive
China Flag for news
September 19, 2008
Starbucks and KFC are drawn into China's tainted milk scandal
STARBUCKS and KFC have admitted using products from firms affected by China's tainted milk crisis. The news cames as Hong Kong ordered recalls of ice creams found to be contaminated with melamine, the compound responsible for killing four babies in a h...
From the archive
KMC for news
September 17, 2008
KMC Shanghai moves to new office
KMC has been active in China more than a decade and to match our continuous activities in China, we have upgraded our facilities in Shanghai.Our new office is located in the Gateway International Plaza – on 22nd Floor.Address details:KMC Shanghai Offic...
From the archive
China Flag for news
September 04, 2008
GAIN Report: Oilseeds in China 2008/2009
Good weather in Northeast China and other areas continue to solidify high expectations of a good harvest. Total oilseeds production is expected to be six percent higher in marketing year 2008/09, while new soybean projections are significantly higher t...
From the archive
August 12, 2008
McDonald’s aprovecha el tiron de la comida rapida para expandirse en Asia
La cadena de restaurantes McDonald’s Corporation ha anunciado la duplicación de sus establecimientos en India y ha abierto 125 nuevos puntos de venta en China aprovechando la buena acogida de la comida rápida en Asia.
From the archive
China Essence Group
August 01, 2008
China Essence Group has been granted a loan facility for expansion
China Essences Group Ltd., a chinese producer of potato starch and related products, announced it entered into an agreement for a USD 60 million short term loan facility by the DBS bank.According to the statement, the purpose of the loan facility is to...
From the archive
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August 01, 2008
Chinese Cooking Contest encourages dishes made with US frozen potato products
The United States Potato Board (USPB) conducted the 2008 US Potato Chef Cooking Contest in China to enhance the application of US frozen potato products in Chinese cuisine and to encourage the local Hotel Restaurant and Institution (HRI) establishments...
From the archive
China Flag for news
June 30, 2008
Competition gearing up in China's fast food industry
In a nation that has taken pride in the delicacy and diversity of a cuisine which dates back thousands of years, it is astonishing that foreign fast food chains like Kentucky Fried Chicken (KFC) and McDonald's have dominated the fast food industry in ...
From the archive
June 26, 2008
McDonald's raises prices in China
There's no escaping rising inflation - signs of it are everywhere. The latest sign could be in your meal at a fast-food outlet. McDonald's, the world's largest fast food chain, yesterday raised its prices in China, for the second time this year, fo...
From the archive
China Essence Group
May 26, 2008
Starch manufacturer China Essence Group increases revenue 65%
China Essence Group Ltd. (“China Essence” or the “Company”), one of the largest, leading integrated potato-processing producers in the People’s Republic of China (“PRC”), is pleased to announce its full year financial results for the financial year end...
From the archive
April 23, 2008
Burger King Plans Rapid China Growth Over 3 Years
Burger King Holdings Inc, the world's No. 2 hamburger chain, is looking to open several hundred restaurants over the next three years in China, where it now has only 12, a senior executive said on Monday, as it seeks to narrow the gap with rival McDona...
From the archive
April 03, 2008
Fast Food Companies See Beijing Olympics As Opportunity for Higher Sales
As the Olympic torch makes its way to Beijing, some American fast food companies are following the flame in a bid to capitalize on both the growing Chinese consumer market and the coming influx of tourist dollars. Chains big and small are either openi...
From the archive

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