McDonald’s Corporation announced the successful completion of a strategic partnership with CITIC Limited, which will operate and manage McDonald’s businesses in mainland China and Hong Kong. The transaction has obtained […]
New Mintel research reveals that half (49%) of urban Chinese consumers say they eat ice cream at home as a snack, compared to four in 10 (39%) who said the […]
China is currently the world’s biggest ice cream market, with sales estimated at 4.3 billion liters in 2016, followed by the US (2.7 billion liters) and Japan (756 million liters). […]
North America is expected to be the major worldwide contributor in terms of value, for the ice cream and frozen desserts market, followed by China – the largest player in […]
Beijing will release 3.05m kg from its frozen pork reserves onto the market, to ease pork supply pressure and contain a price surge, according to media agency Xinhua. To replenish […]
TaiMei Potato Industry Ltd, a Chinese potato processor belonging to Lamb Weston, signed an agreement with American Lorain Corporation, to produce the Lorain brand of French fries in China. “We […]
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