Potato News from China

November 21, 2010

McDonald's China Chief Kenneth Chan on how to crack the Chinese market

American iconic brand McDonald’s wants to take a bigger bite of China.

November 16, 2010

Growth rate of China's packaging sector at 37.2%

The prosperity index of equipment manufacturing industry from China Economic Monitoring Center indicated that after the seasonal adjustment, the growth rate of packaging equipments in Q3 reached 37.2 percent year on year.

October 29, 2010

Potato Starch manufacturer China Essence provides update on loan refinancing

October 16, 2010

New ways to use packaging to connect to consumers

What do you get when you combine a consumer society that is increasingly mobile, global, and “linked in,” one that demands the delivery of data to their fingertips 24/7, with packaged goods producers clamoring to differentiate themselves on and off the shelf?

Bright Food Group Ltd. (Courtesy: China Daily)

October 07, 2010

Bright Food: Why a Chinese food company wants to gobble up Western outfits

Bright Food is a hungry company. The Shanghai government-controlled firm is reportedly among the bidders for GNC, an American nutrition-supplement chain.

September 27, 2010

Potato brings wealth to West China

The potato, known as "foreign yam"in Chinese, was once planted in China as a life-saving food to survive famines.But as China moves towards being the center of potato production in Asia, the humble potato is now bringing wealth to some in wes...

September 02, 2010

GAIN Report: China Potato and Potato Products annual 2010

China’s fresh potato production in MY09/10 is estimated at 64 million metric tons (MMT), a 10 percent decrease from the 71 MMT in MY08/09 due to unfavorable weather conditions, which resulted in record high potato prices domestically.

August 30, 2010

China launches anti-subsidy probe into potato starch imported from EU

China announced Monday it would investigate whether the European Union (EU) members subsidized exports of potato starch to China, and if so to what extent the subsidies had harmed domestic industries.

July 20, 2010

China vows to stop restaurant reuse of cooking oil

Chinese call it "gutter oil"- a foul slop fished up from sewage drains or collected at restaurant back doors - and it's being used widely in the country's eateries.Recycled food oil is China's latest food-safety scandal that has worried consu...

July 01, 2010

ADM plans expansion in China, opens office

Archer Daniels Midland Company (NYSE: ADM) today announced two key actions that advance its strategy for profitable growth in China and throughout Asia: the opening of a Beijing office;and a strategic investment in, and memorandum of understanding with...

June 23, 2010

Irish Snack manufacturer Tayto gets a taste of Chinese market

Chinese consumers will soon be enjoying the taste of Tayto crisps.The Irish snack has undergone a major makeover for its Asian adventure.Businessman Wei Quoinhas has struck an agreement to deliver the iconic Irish crisp to 1,200 outlets in Shanghai, wh...

June 10, 2010

Buhler strengthens its position in China

The Buhler Technology Group has acquired 100% of the Chinese company Bangsheng Bio-Technology Co. Ltd. Bangsheng, the Chinese market leader in the field of flour improvement solutions for specialty flours, is opening up additional opportunities for Buh...

June 07, 2010

Starch manufacturer China Essence Group clarifies financial position

China Essence provided the following update on its financial position, no doubt in part in response to last week's drop in stock price:It has come to the management’s attention that there were concerns regarding the debt level of the Group. The managem...

June 03, 2010

Potato Processors join in Idaho trade mission to China

Idaho ag groups hope to find new export opportunities in China during a trade mission led by Gov. C.L. "Butch"Otter, from June 4-12.Potato processors from Idaho and the Idaho Potato Commission will focus on promoting frozen and dehydrated pot...

June 01, 2010

China turns to potato for food security

In the land of rice, China is looking at an unlikely tool for maintaining growth and social harmony: the potato. The Chinese government has begun ramping up research, production and training related to the humble spud, and hopes are high that it could...

May 31, 2010

China Essence Group stock price tumbles

The stock price of potato starch manufacturer China Essence Group, listed at the Singapore Exchange, dropped 36%. The drop in the stock price triggered the Singapore Exchange to query the China Essence Group regarding trading activity, which meanwhi...

May 21, 2010

Pepsico to invest 2.5 Billion in China

PepsiCo, one of the world's largest food and beverage companies, today announced that it plans to invest an additional US$2.5 billion in China over the next three years. The newly announced investment is in addition to the US$1 billion investment the ...

May 21, 2010

Why Potatoes Are Key to PepsiCo's Success in China

CEO Indra Nooyi announced today that Pepsico plans to invest $2.5 billion in China over the next three years, beyond the $1 billion it has spent on its Chinese operations since 2008. Pepsi will build 19 new beverage and manufacturing plants and will...