Potato News from Beijing

May 21, 2010

Why Potatoes Are Key to PepsiCo's Success in China

CEO Indra Nooyi announced today that Pepsico plans to invest $2.5 billion in China over the next three years, beyond the $1 billion it has spent on its Chinese operations since 2008. Pepsi will build 19 new beverage and manufacturing plants and will...

May 21, 2010

Pepsico to invest 2.5 Billion in China

PepsiCo, one of the world's largest food and beverage companies, today announced that it plans to invest an additional US$2.5 billion in China over the next three years. The newly announced investment is in addition to the US$1 billion investment the ...

April 20, 2010

China's first potato museum in Yanquing, Beijing

Potatoes also have a museum. China's first and only "Potato Museum"was completed in Yanqing County, Beijing. The history, current condition, development, promotion and application of potatoes in China are shown at the exhibition hall which co...

April 19, 2010

Potato Starch: China reviews import tariffs EU Potato Starch

China announced today to start a mid-term review of the anti-dumping duties on imports of potato starch from the European Union, a move which may lead to the increase of duties imposed in 2007.

April 15, 2010

China International Potato Summit Forum Held in Beijing to Enhance Exchange and Cooperation

The China International Potato Summit Forum was jointly held by MOA Agricultural Trade Promotion Centre and the Government of Yanqing County, Beijing. Vice Agricultural Minister Niu Dun attended the forum and delivered remarks, together with Director-G...

March 23, 2010

Yum! bets on China growth - and wins.

Maggie returned with her husband to his family home in Chuzhou on the eve of the Chinese New Year, just in time for the grand opening of the city's first KFC restaurant. She took her husband's nephews to the big event – and waited a half-hour just to ...

February 06, 2010

McCain is after a lion's share of China's fast food market

The average Canadian eats 30 pounds of french fries per year. In China, per capita consumption is less than 3½ ounces. McCain Foods Ltd. is trying to turn the figures for Asia's largest country around.And there is hope for McCain, whose biggest fast-f...

February 05, 2010

International Potato Center launches CIP-China Center (CCCAP) to serve Asia and the Pacific

Top officials from the Chinese Ministry of Agriculture, including Han Changfu, Minister of Agriculture, and from the International Potato Center (CIP) gathered today in a formal signing ceremony to launch the CIP-China Center for Asia and the Pacific (...

February 05, 2010

El CIP crea centro para aumentar capacidad de producción de papa y camote en China, Asia y el Pacífico

Altos funcionarios del Ministerio de Agricultura de la China –incluido el ministro del sector, Han Changfu– y del Centro Internacional de la Papa (CIP) estuvieron presentes en la ceremonia formal de suscripción de la creación del Centro Internacional ...

November 13, 2009

China Essence sees signs of recovery in potato starch market

China Essence Group Ltd. (“China Essence” or the “Group”), one of the largest, leading integrated producers of potato products in the People’s Republic of China (“PRC”), announced results for the second quarter year ended 30 September 2009 (“2Q FY2010”...

October 31, 2009

Agrarfrost Arrives in China with Quality Products and Local Sales Team

Agrarfrost, a leading European frozen potato producer headquartered in Wildeshausen, Germany, has officially launched operations in China.“As the first German producer to enter the country, we have begun to meet rising market demands with an approach u...

October 23, 2009

Potato industry in China to be more productive in years ahead

Potato industry has been turned into a vital agro-business in China to effect a remarkable change to the regional economic structure with its present potato grown acreage making up one fourth of the total grown acreage worldwide.Farmers around China no...

May 26, 2009

China Essence Group growth dampened by tough economic climate

China Essence Group Ltd., one of the largest, leading integrated producers of potato products in the People’s Republic of China (“PRC”), announced results for the year ended 31 March 2009 (“FY2009”), reporting a 4% increase in revenue over the previous...

May 01, 2009

China's Food Processing Industry;2009 Update & Forecast;Gain Report

Over the past five years, China’s food processing industry has grown at nearly 30 percent annually, with 2008 total gross output value expected to reach RMB four trillion ($588 billion).Continuing economic development, expansion of trade into the ...

April 17, 2009

McDonald's contratara 10.000 trabajadores en China

La cadena estadounidenses McDonald's contratará a 10.000 personas para sus sucursales de comida rápida en China y prevé también subir los salarios.

March 27, 2009

China Essence CEO increases stake in the company, comments on loan obligations

China Essence Group Limited (the “Company”) is pleased to announce that its Chief Executive Officer Mr. Zhao Libin, purchased a total of 1,000,000 Company shares from the open market yesterday, at an average price of S$0.1137 per share.With the latest ...

March 11, 2009

McDonald's appoints Kenneth Chan as CEO for China

McDonald's has announced that it is appointing Kenneth Chan from Singapore as its new CEO for he China area, replacing Jeffrey Schwartz. Chan has 12 years working experience in McDonald's. Prior to this appointment, he was regional manager for Malaysi...

March 05, 2009

Tough times are hurting fast food chains in China

Down an alley from a KFC, McDonald's and Pizza Hut here, Li Hong sat inside a dingy little storefront that serves full-course dinners for a dollar.A Western fast-food meal would have cost three times that much, said the young woman, who works as a sale...