Luan Li

2 months ago | yicaiglobal.com | Zhou Ailin |Lv Qian |Qian Tongxin |Luan Li

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Dec 6, 2024 | yicaiglobal.com | Luan Li

(Yicai) Dec. 6 -- Imports of wine products to China soared 73 percent in October from a year earlier, mainly because of the return of Australian wines and the traditional peak season. China's wine imports totaled USD120 million in October, with the figure for the first 10 months of the year jumping 30 percent to nearly USD1.28 billion from the same period last year, according to data from the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce, and Animal By-Products.

Dec 4, 2024 | yicaiglobal.com | Luan Li

(Yicai) Dec. 4 -- A surge in Chinese consumers' demand for fresh milk products is driving regional dairy companies to add capacity despite the industry downturn, according to industry insiders. Across China, several companies, including Adopt a Cow and Weigang Dairy, have recently reported increases in dairy cattle numbers, even though the demand for big producers' core product, ultra-high-temperature milk, is decreasing, Yicai learned.

Nov 19, 2024 | yicaiglobal.com | Luan Li

(Yicai) Nov. 19 -- The UK’s Diageo, Frances’ Camus Cognac and other global whiskey makers are optimistic about the China market despite tumbling sales in the first nine months due to the country’s huge growth potential. China’s whiskey imports sank 30 percent in the nine months ended Sept. 30 from a year earlier, after many years of fast growth, according to the latest data. China's whiskey market is developing quickly, Atul Chhaparwal, managing director at Diageo China, told Yicai.

Nov 13, 2024 | yicaiglobal.com | Luan Li

(Yicai) Nov. 13 -- Imports of milk, once a top-selling product on China's e-commerce platforms, declined in the first three quarters of this year due to rising production costs and intense competition. From January to September, imports of liquid milk fell 25 percent to 303,000 tons year-over-year, according to the latest dairy trade report.