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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 |
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[Press Release] Quality Shines Through at Asia Fruit LogisticaVisitor numbers hold up well at the Hong Kong show, with exhibitors highlighting the quality of meetings and strong business outcomes |
September 12, 2019 Produce Report |
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[Press Release] Dole Signs Strategic Cooperation with Italian Produce GiantDole once again participates in Asia Fruit Logistica and signs a strategic cooperation agreement with Italian produce giant RK Growers |
September 09, 2019 Produce Report |
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Lower Harvest Volumes for Chinese Pomelos but Higher PricesMarket outlook report for the 2019 Chinese pomelo season |
September 05, 2019 Tim |
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[Press Release] Asia Fruit Awards: Winners AnnouncedRockit Global, Laris Manis Utama, Yonghui Superstores and Yupaa Group win the 2019 ASIA FRUIT AWARDS |
September 03, 2019 Produce Report |
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[Press Release] Even More on Offer at Asia’s Fresh Produce HubVisitors to ASIA FRUIT LOGISTICA can look forward to a wealth of business, networking and information opportunities |
September 03, 2019 Produce Report |
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[Press Release] Origine Group Begins Cooperation with Chinese Kiwi CompanyOrigine Group’s Managing Director Alessandro Zampagna and Sales Manager Reen Nordin visited Sichuan to appreciate Hua Sheng Agricultural’s red kiwi variety, before heading to Hong Kong to participate in Asia Fruit Logistica |
September 03, 2019 Produce Report |
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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 |
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Variety Rights for Sichuanese Kiwis Sold to Australian CompanyAustralian company buys rights to yellow-fleshed kiwifruit variety HFY01 developed in Sichuan |
August 30, 2019 poqmars |
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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 |