Yonghui Will Open Two Supermarkets In Shanghai This Month
Chinese supermarket operator Yonghui revealed that the company is preparing for two new outlets in Shanghai, and they are expected to open at the end of December 2013.
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China's Huiyuan Juice Net Profit Drops 94.8%
Chinese fruit and vegetable juice maker Huiyuan published its annual report for 2012, stating that its net profit decreased by 94.8% to CNY16.16 million during the reporting period.
Walmart Sets Up 29th Agricultural Products Direct Procurement Base In China
In cooperation with Dalian Hongjia, an animal husbandry company that focuses on the production of eggs, Walmart has recently set up its 29th direct procurement base for agricultural products in China.
Nongfu Spring Claims CNY1 Billion Loss Over Arsenic Scandal
Chinese beverage manufacturer Nongfu Spring has disclosed to the local media that it is likely to suffer a loss of CNY1 billion as a result of reports of arsenic in certain of its soft drinks.
Greenpeace Says Chinese Vegetables Tainted With Pesicides
Greenpeace recently published a report on pesticide residues in vegetables and fruit in China, which shows five kinds of fruit and vegetables contained extremely poisonous pesticide and produce sold in supermarkets contain higher level of…