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Hong Kong Cargo Flights Reduced, Produce Prices Expected to RiseThe reduction in cargo flights due to the ongoing COVID-19 pandemic mean that Hong Kong is expected to experience surging prices for fresh food items such as fruits, vegetables and seafood. April 01, 2020
Emily F
Sam’s Club to Open Flagship Store in Shanghai in 2021Walmart-owned membership warehouse chain Sam’s Club is set to open a new flagship store in Shanghai in 2021. The chain currently operates 26 stores throughout China and also offers e-commerce services. March 30, 2020
Emily F
Applications Now Open for Tariff Exemptions on US ImportsChinese importers may now apply for tariff exemptions on certain goods, with some importers already having successfully received exemptions on unlisted goods. March 26, 2020
Benjamin Henry
RT-Mart Focuses on Smaller Stores and Cooperation with Cainiao LogisticsRT-Mart plans to open smaller stores and has begun a cooperative effort with Cainiao Logistics to ensure service in all regions. March 20, 2020
Michael M
Macfrut 2020 Rescheduled to September, Tropical Fruit Congress Details AnnouncedOwing to the ongoing coronavirus situation in Europe, Macfrut 2020 has now been postponed to Sept. 8–10. The rescheduled event will still feature the Tropical Fruit Congress, which is this year dedicated to avocados, and the Spices & Herbs Global Expo. March 16, 2020
Andrew
British Retail Giant Tesco Completes Exit from Chinese MarketBritish retail behemoth Tesco has sold its remaining joint venture shares to partner company China Resources (Holdings), thereby finalizing its departure from the Chinese market. March 03, 2020
Benjamin Henry
Tomra Unveils New Sorting Technologies at Fruit LogisticaEarlier this month at Fruit Logistica, Tomra Food, Compac and BBC Technologies showcased their new platforms for produce grading, sorting and packing. February 24, 2020
Andrew
[Press Release] Spices & Herbs Global Expo Makes Its Debut at MacfrutMacfrut, the international trade fair for the fruit and vegetable sector, will host a Spices & Herbs Global Expo on May 5–7, 2020, in Rimini, Italy. Spices and officinal and aromatic herbs are a fast-growing global market worth over $6 billion. February 20, 2020
Produce Report
President of ASOEX: Situation in China Could Cause Container ShortageRonald Bown Fernández, president of the Chilean Fruit Exporters Association (ASOEX), has reported that the current situation in China may lead to global shortages in refrigerated containers by March or April. February 17, 2020
Emily F
Alibaba’s New Retail Net Profit Exceeded Expectations by 262.1% in Q2While new retail has been struggling, Alibaba’s new retail business appears to be booming, finding sustainable patterns of profitability and setting new growth points for group revenue. December 01, 2019
Phil K

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