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China Exempts U.S. Agricultural Product Tariffs as Tensions EaseOn September 13, Beijing announced that it would be excluding some U.S. agricultural goods from tariffs it had imposed in response to similar U.S. tariffs on Chinese goods in the ongoing trade war between the two countries. Although the announcement, made via a report by China’s state media outlet Xinhua News Agency, gave few details and only specifically mentioned pork and soybeans, other U.S. agricultural products are expected to receive similar tariff exemptions. Private buyers in China also recently made the largest purchase of U.S. soybeans since June, buying over 600,000 tonnes of soybeans on September 12 which is slated to be shipped to China between October and December of this year. September 15, 2019
Andrew D
Chaos, Long Lines as Costco Opens First China Store in ShanghaiOn August 27, the U.S. brick-and-mortar wholesaler Costco opened its first store in mainland China. With 776 stores across 12 countries and regions, this 150,000 square foot location in Shanghai’s southwestern suburbs of Minhang is Costco’s latest and China’s first. Offering an annual membership at a usual rate of 299 yuan ($42) but for the opening at a special promotional rate of just 199 yuan ($28), consumers flocked to the store in droves to buy everything from fresh food to electronics and high-end luxury goods. Massive crowds led to three-hour queues for parking spots, waits of up to two hours to checkout, and customers battling each other for shopping carts. September 01, 2019
Andrew D
China Targets US Agriculture as Trade War Intensifies A flurry of developments over the past several days in the ongoing US-China trade war have caused further escalation of tensions between the two countries and the trade war to hit a new fever pitch. August 27, 2019
Andrew D
Garlic Prices Have Fallen and May Remain Depressed in the FutureGarlic prices in China decrease again after increase earlier this year August 25, 2019
poqmars
[Press Release] Freshfel Offers Solutions to Tackle SPS BarriersFreshfel Europe offers solutions to urgently tackle SPS barriers to third-country markets for European fruit and vegetable exports at European Commission meeting August 07, 2019
Produce Report
Goodfarmer IPO Could Raise RMB 1.1 BillionGoodfarmer, one of China’s leading importers and distributors of fresh fruit, has passed a key regulatory hurdle as it plans an IPO of A shares on the Shanghai Stock Exchange. July 23, 2019
Dan Siekman
OECD-FAO Report: Big Potential for Latin American Fruit and Vegetable ExportsOver the next decade there will be, “strong growth opportunities in high value fruit and vegetable crops provide opportunities for smallholders” in the region, amidst rising demand from export markets and shifting consumption within the region away from staples and toward meat, fruits and vegetables. July 16, 2019
Dan Siekman

Vineyards in Chile. Image: ASOEX
Walmart Plans to Invest $1.2b in China Supply Chain LogisticsWalmart announced on July 1 that it intended to invest RMB 8 billion ($1.2 billion) in its supply chain logistics in China, including ”building or upgrading more than 10 logistics distribution centers” here over the coming 10- to 20-year period. July 09, 2019
Dan Siekman
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
Garlic Prices in China RecoveringLarge quantities of fresh garlic have started to appear on the Chinese market, despite the total planting area in China being at its lowest point since 2015. June 25, 2019
poqmars

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