Waitrose expecting sales in China to quadruple for ‘Singles Day’

Waitrose expecting sales in China to quadruple for ‘Singles Day’

Waitrose expects sales of its products in China to quadruple for ‘Singles Day’*, the world’s largest shopping event, this Saturday (11th November). The supermarket only started exporting to China in 2016, but demand is such that it is anticipating that orders will increase significantly this year compared to last. Waitrose has also doubled the number […]

China’s FMCG market enjoys stronger growth in Q3

China’s FMCG market enjoys stronger growth in Q3

Kantar Worldpanel’s latest figures show that the spending on FMCG in China during the third quarter of 2017 grew by 3.6% on 12 weeks basis, indicating a clear recovery for the industry. Amongst all regions, the West and South markets reported a more upbeat trend, up by 6.0% and 4.2% respectively. Key cities and provincial […]

Chicken prices drops at decade low in China

Chicken prices drops at decade low in China

Chicken prices are falling to decade low rates in China- the world’s second largest poultry consumer nation, as fears grow about the spread of bird flu. In January alone, a total of 79 people reportedly died from H7N9 avian flu in China, which has affected the share prices of meat producers across the nation. According […]

Starbucks Celebrates Singles’ Day in China

Starbucks Celebrates Singles’ Day in China

Singles’ Day in China has become one of the world’s biggest shopping days, and Starbucks is marking the occasion with exclusive merchandise and a special beverage in China. Observed each year on November 11, consumers are offered deals through sites including Alibaba’s Tmall and Taobao on Singles’ Day. It’s believed the Singles’ Day tradition originated […]

China Leads the Global Market for Eggs and Eggs Products

China Leads the Global Market for Eggs and Eggs Products

Eggs, an integral part of the banal breakfast menu, are a rich source of protein. Easy and hassle free to make, their demand has seen a phenomenal spike in the past couple of years on account of a burgeoning world population and their rising disposable income. Even the avian flu, which resulted in culling of […]

Instant noodles sales slumps in China

Instant noodles sales slumps in China

Instant noodles, once an easy meal for millions of Chinese workers, is getting less popular. Workers scrapping instant noodles are seen as a symbol of the chaining lifestyle of the working class. The sales of instant noodles fell 12.5 percent last year. The King of noodles in China, Taiwanese Tingyi, known for its brand Master […]

AB sells SABMiller’s stake to Chinese partner

AB sells SABMiller’s stake to Chinese partner

Anheuser-Busch InBev, the largest brewer in the World will sell SABMiller’s stake in China’s leading beer maker to the local partner for $1.6bn. The decision to sell its stake came after the merger decision with China Resources Beer (Holdings) Co. The Chinese company will purchase 49% stake in Snow Breweries, its joint venture with SABMiller. The Belgian-Brazilian brewing […]

A jar of British fresh air sells for £80 in China

A jar of British fresh air sells for £80 in China

A British businessman is shipping something insanely unique to China and making fortune out of it. It might sound insane for some but not for Leo De Watts, who is believed to have made thousands of pounds by exporting fresh British air to China. Report suggests that the elite and well to do Chinese customers are more than […]