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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 |
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Pagoda Carves Out Market for Small Newton ApplesPagoda’s new type of small apples from South Africa, launched in June 2019, is expected to prove popular with Chinese consumers |
August 26, 2019 Tim |
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Shanghai Yechen First to Import Frozen Durians from MalaysiaThe first shipment of frozen whole Malaysian durians to be imported via China’s approved channel arrived in early July |
August 26, 2019 Tim |
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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 |
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[Press Release] Brands Stand out at Asia Fruit LogisticaAsia’s growing appetite for premium fruit brands will be well served at Asia’s premier fresh produce trade show. |
August 25, 2019 Andrew D |
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[Press Release] 5th Annual Chile Week in China to Be Held Aug. 29 to Sept. 3The event will showcase Chile’s products and services while envisioning an exciting new phase in Chile–China relations. |
August 23, 2019 Produce Report |
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[Press Release] Asia Fruit Logistica to Be Held as Scheduled on September 4-6ASIA FRUIT LOGISTICA will be held as scheduled at AsiaWorld-Expo, Hong Kong, on September 4–6, 2019 |
August 21, 2019 Produce Report |
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Vietnam Warns Fruit Farmers on China Export ComplianceVietnam’s Department of Agriculture is urging the nation’s fruit growers and exporters to improve the quality of fruit bound for export to China in order to maintain market access. |
August 20, 2019 Dan Siekman |