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143 Articles

First-Ever Sale of US Rice to China AnnouncedThe Sun Valley Rice Company, LLC, a member of the LaGrande Family Foods Group located in California’s Sacramento Valley, has become the first US rice company to finalize a contract to sell rice to China.	July 08, 2019 Dan Siekman	Jim Guinn, Director, Asia Promotion Programs, USA Rice Federation; William Li, Overseas Director, Shenzhen Yintuo & Vice President, Dragon Ocean Hing Group, Jim Levy, U.S. Consul General to China, U.S. Embassy; Chris Zhang, President, Dragon Ocean Hing Group; Erin O’Donnell, Assistant Vice President of Global Rice Trading, Sun Valley Rice; Bobby Richey Jr., Minister-Counselor for Agricultural Affairs in China, USDA. Image: Sun Valley Rice
In First Ever Store Closing, YH Super Species Shutters Shanghai Wujiaochang BranchOn July 4, Super Species marked an inevitable but inglorious new milestone: the first closing of one of its stores. The Super Species Shanghai Wujiaochang store had originally opened in November of 2017.	July 07, 2019 Dan Siekman
Suning Announces RMB 4.8b Deal for 80% Stake in Carrefour ChinaNanjing, China-based retailer Suning.com announced on June 23 that it intends to purchase an 80% stake in French hypermarket retailer Carrefour’s China operations for a sum of RMB 4.8 billion ($698 million). Carrefour will retain the remaining 20% share.	June 25, 2019 Dan Siekman
Sam’s Club Soon to Have Eight Stores in BeijingSam’s Club expects to operate 40 stores in China by 2020	June 18, 2019 Tim
Global Retailers Aldi and Costco Test the Waters in China with New OutletsAldi recently celebrated the opening of two outlets in Shanghai, while Costco has announced it will complete its first mainland store by August.	June 17, 2019 Dan Siekman
Three Squirrels Invites Applications from Investors to IPOChina’s largest nut and snack food e-commerce company Three Squirrels’ is to invite applications for its IPO shares on June 12 with an initial price of 10.74 yuan per share.	June 11, 2019 Tim
Hema Fresh’s First Ever Store Closure Happening in MayHema Fresh Closes its Store in Kunshan county-city in the city of Suzhou	May 23, 2019 Tim
Wal-mart’s First Custom-built Distribution Center Won AwardWal-mart’s Perishable Food Distribution Center in Dongguan, Guangdong Province, Won Award in 2019	May 20, 2019 Tim
China Green Week, Horti China Bring Together Fresh Produce Industry in ShanghaiChina Green Week, a leading trade show in China for both the domestic and international fresh produce and horticultural industries, concluded in Shanghai today to praise from exhibitors and visitors.	November 23, 2018 Dan Siekman
How Emerson is Delivering an "End-to-End" Cold Chain Solution to Customers in AsiaAlready, a big name in cold-chain infrastructure, Emerson has in the past few years acquired three companies and launched a new business unit called Cargo Solutions, which provides logging and tracking solutions for the products themselves that are moving through the cold chain.	October 16, 2018 Dan Siekman	Emerson Cargo Solutions' "GO" line of logging devices