China

China Ban Sours Taiwan’s ‘Freedom Pineapple’ Harvest

A Chinese ban on pineapple imports from Taiwan has sparked a flood of patriotic buying of the fruit and forced restaurants to come up with inventive new menu choices but it has also left many questioning Taipei’s overwhelming economic reliance on its giant neighbour.

While much of the island’s pineapple crop is consumed at home, 90 percent of its overseas shipments head for sale in the vast Chinese market.

However, that leaves its farmers at the mercy of Beijing’s authoritarian leaders who view the self-ruled democracy as their own territory and have vowed to one day seize it, by force

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Vegan fake-meat takes China by storm

The country that currently consumes about half of the world’s pork is rapidly moving toward a vegan revolution. 

China has an $86 billion meat market and is responsible for eating 28% of the global supply, with the average Chinese person devouring 11 pounds of meat annually. But that may soon change, The Guardian reports

This change is apparently due to a cultural and market shift toward more environmentally aware middle-class consumers, who are beginning to prioritize saving the planet over eating pork daily as a sign of affluence and success. 

Increasingly, there is a domestic market for Chinese individuals

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What Would Colonel Sanders Say? Tea Eggs, Economic Rebound Help To Feed Growth At Yum China

A cheerful Colonel Sanders beckons passersby into a KFC at the front of the bustling Shanghai Train Station, just as the fried chicken icon does at more than 4,000 KFCs in the United States. Inside, the restaurant chain’s American faithful would be in for a surprise. Along with U.S. staples such as fried chicken and French fries are offerings you won’t find in other countries, such as tea eggs, salted egg yolk rice rolls, sweet pumpkin

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Yum China Gets Beijing 2022 Winter Olympics Sponsorship

Backed by an impressive track record of promoting sports and healthy lifestyle in communities across the Chinese Mainland, Yum China Holdings, Inc. YUMC has been recently named the official retail food services sponsor for the Olympic and Paralympic Winter Games Beijing 2022 (“Beijing 2022”). The company will also become the official sponsor of the Chinese Olympic Committee through the end of 2024.

Following the announcement, shares of the company rose 1.2% during the trading session on Jul 20. Previously, it was associated with the 2019 Tennis Masters, 3×3 basketball competitions and city marathons.

Per the agreement, Yum China will be

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