China
Adidas is establishing its first and only global capacity centre (GCC) in Asia outside China, specifically in Chennai, to concentrate on 'key processes,' as per sources familiar with the developments.The decision by the prominent athletic footwear...
Garlic exports from India are poised to achieve a new peak in the fiscal year 2024, following the unprecedented export volumes recorded in the preceding year.The worldwide scarcity of the spice, fueled by a decrease in...
Breaking News
Indonesian coffee brand Tomoro Coffee debuts in China with new Shanghai outlet
Indonesian coffee brand Tomoro Coffee has unveiled its first outlet in Shanghai, China.The recently opened venue is situated in Qingpu E Link World Industrial...
Bucking the trend: McDonald’s intensifies China investment, eyes robust operational growth
McDonald's bold move to assume more authority over its operations in China and pursue robust expansion amid a backdrop of diminished consumer activity and...
Nestle bets big on Asia: Eyes significant coffee market growth in India and China
Nestle SA views India and China as crucial coffee markets, expressing optimism about the potential for significant growth in coffee consumption in these highly...
McDonald’s moves to buy 28% stake in Chinese operations from Carlyle
On Monday, McDonald's announced its intention to purchase the 28% stake in a partnership overseeing its operations in mainland China, Hong Kong, and Macau,...
Chinese dairy producer Junlebao acquires 30% stake in More Yogurt
Junlebao Dairy Group, one of the leading dairy producers in China, has acquired a minority share in the yogurt shop chain More Yogurt.As per...
Danone breaks new ground with debut of Fortimel in China’s special medical foods category
Danone has introduced Fortimel, marking its inaugural entry into the adult foods for special medical purposes category in China within the realm of medical...
Starbucks adapts to growing competition in China with launch of new smaller cup size
In an effort to draw in more customers amidst increasing competition in China, Starbucks, the prominent American coffee chain, has introduced a new, smaller...
Pizza Hut sets sights on massive growth in China with plans for 1,500 new stores by 2026
Pizza Hut is planning to embark on an aggressive expansion campaign across China in the next three years. This strategic move is part of...
Papa John’s pizza expands in China with grand opening of 300th restaurant
On September 26th, Papa John's celebrated a significant achievement by inaugurating its 300th restaurant in China, located in the vibrant city of Shanghai. To...
Arla Foods Partners with Zhongbai Xingye to strengthen presence in China’s food and nutrition markets
Arla Foods Ingredients and Zhongbai Xingye Food Technology have entered into a distribution agreement. This partnership will enable Arla to supply its products to...
Tim Hortons celebrates grand opening of 700th store in China, expanding into Northwest region
TH International Limited, the sole operator of Tim Hortons coffee shops and Popeyes restaurants in China, recently achieved a significant milestone by inaugurating its...
India’s seafood exports reach record high of $8.09 Billion in FY 2022-23, driven by frozen shrimp
According to a statement from the commerce ministry on Wednesday, India witnessed a notable increase in its seafood exports in the fiscal year 2022-23....