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China
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China suspends meat imports from South Africa amid Foot-and-Mouth Disease outbreak
Move affects cloven-hoofed animal products, including beef, after cases confirmed in multiple provinces.
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Tsingtao expands beer portfolio with the acquisition of Jimo Yellow Wine for US$92M
China’s Tsingtao invests in traditional grain-based wine to diversify offerings and strengthen market presence across alcoholic beverage categories.
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China dominates Argentina’s beef export market despite new import suspensions
Chinese market has receives nearly half of Argentina’s beef and leather exports in 2024
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Joyvio Group to offload salmon subsidiary Australis to Internal Unit
Joyvio Food is offloading salmon producer Australis for a symbolic fee amid rising losses. The move aimed at stabilizing financial structure and avoiding delisting risk.
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Smithfield Foods to shift pork sales as China’s market becomes unviable
Executives say retaliatory tariffs make China an unsustainable market for US pork exports. The company sees an impact from higher raw material costs and changing consumer habits.
