Chinese expansion opposed

Friday, 13 February 2015 09:23 Published in News & Updates

Australia - A SMALL south west Gippsland community is set to take on a Chinese diary giant over expansion plans. In what is a David-and-Goliath-type battle, Chinese dairy giant Ningbo plans to expand its Yo You Dairy operation but has been met with a show of community strength by Gippsland town, Kernot..Read more

Fonterra makes China buy-in bid

Friday, 13 February 2015 09:21 Published in News & Updates

China - Dairy giant Fonterra has submitted its bid for a stake in a Chinese-based company, as part of a $615 million deal that will give it a direct line to China's lucrative infant-formula market. Fonterra and Beingmate Baby & Child announced in August they were forming a global supply chain from the farm gate directly to Chinese consumers..Read more

Imported dairy threatens Chinese producers via e-commerce

Thursday, 29 January 2015 15:32 Published in News & Updates

China - Imported milk products are rapidly increasing their share in the Chinese market due to their low prices, posing a threat to domestic middle- and high-end milk products, Shanghai's China Business News reports. The sales of imported milk in China grew by nearly 70% in 2014 from the previous year,..Read more

The China Liquid Milk market continues to grow

Thursday, 29 January 2015 15:29 Published in News & Updates

China - In 2013, high end liquid milk in China grew by 25.4 percent and it’s predicted the trend will continue and retail sales will reach US$11.36 billion in 2017. The dairy product industry of China grew at 12.3 percent Compound Annual Growth Rate during 2004 to 2013. Liquid milk industry represents the Chinese dairy products market..Read more

Chinese farmers dumping milk to cut costs

Sunday, 25 January 2015 16:20 Published in News & Updates

China - With high demand for foreign imports and domestic dairy industry damaged by scandal, farmers are dumping milkand slaughtering cattle in order to save money feed. According to local reports, small farmers in Shandong, Qinghai and hebei provinces are pouring milk down drains, while others are feeding surplus millk to pigs..Read more