In news involving other Chinese companies traded in Hong Kong, China Yurun Food rose by 3.7% after the company issued a statement denying rumors of financial problems.
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Huang Shengming, secretary-general of the China National Food Industry Association, says that Chinese people associate foreign brands with quality, and that foreign management practices have sharpened up local companies.
KONG, July 9 (Reuters) - Chinese meat processor China Yurun Food Group Ltd said founder Zhu Yicai has resigned as chairman with immediate effect but will become honorary chairman and a senior advisor, the latest management reshuffle by a Chinese company.
That question may never be asked in a highly developed economy like the United States where increases in prices at the gas pump are felt most directly by consumers, but it is a question that is being asked frequently these days in China where food is such an important part of the budget for most.
Moreover, the size of China's food aid contributions to North Korea is unclear, but it is believed that China donates a large percentage of the North's food supply.
Professor Nie and her team study issues such as food security (ensuring that China has enough food to feed its population), specializing in meat.
The World Food Program says China has significantly cut its food aid to North Korea in the past year.
This is dangerous for those who eat cadmium-laden food, and it imperils China's future food supply as the soil is damaged.
As an example of just how important Chinese food assistance is, during the mid 1990s, China cut of its food aid by as much as 80-90%.
As China's food exports surge, its food-production practices are an area of growing concern outside the country.
As it is, despite growing only single digits this year, China demand for food and fuel continues unabated.
Rabobank plans to expand lending to China's food producers and processors, both in yuan and in foreign currencies.
But four-year-old Baoyuanfeng, like many companies in China's food industry, is relatively small, with a processing capacity of 100, 000 birds a day, according to a profile of the company published on a local website.
Buyers of toothpaste or dog food, which have also been subject to safety scares and recalls this year, should have known that more than one-fifth of China's food products failed government safety-tests last year.
The issue came into sharp relief in 2011, when China's food-safety inspectors discovered in pork products from a Shuanghui subsidiary the chemical clenbuterol, which speeds muscle growth in pigs but can cause headache, nausea and an irregular heartbeat when consumed by humans.
"For fast-moving, everyday consumer goods, there are some broad megatrends that will continue to push demand forward, which are ongoing urbanization in China and then, of course, the related growth of the middle class, " Hein Schumacher, the China chief for food maker H.
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According to two China's 2008 reports, the Millennium Development Goals Report and the Report on the Status of China's Food Security, the country still has more than 91 million people (7.3% of total national population) who are likely to experience food insecurity and lack of nutrition.
The former head of China's State Food and Drug Administration was sentenced to death for corruption.
The price of pork, a staple food in China, soared by nearly 57% last month, the National Bureau of Statistics reported.
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It comes at a time when China has had serious food safety concerns, some of which have included Smithfield's suitor, Hong Kong-based Shuanghui.
Although clearly hungry, the relative refused to accept food from China.
The obsession with grain self-sufficiency is a holdover from Maoism that is encouraged by enviro-scaremongers such as the Earth Policy Institute's Lester Brown, who warns that China must prepare for food shortages.
Thousands of Koreans have crossed the border to China in search of food that they can get through work or charity (most of them later return to North Korea, despite the hunger and oppression that awaits them).
Women that have made the Forbes China Rich List over the years tend to come from the real estate industry such as Zhang Xin from Soho China, or food-related businesses, such as Daisy Poon from Ajisen.
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As rising wealth collides with a string of scandals over tainted food in China, prospective acquirers could also shop for premium processed foods abroad, including olive oil and meat and dairy products, such as cheese and yogurt, Ms. Pan said.
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The Office is developing, through multi-disciplinary consultations, a training manual to offer a glossary of key concepts and best journalistic practices, as well as to take stock of government normative actions, such as the up-coming China National Plan for Food Safety and Nutrition 2011-2020.
China Resources Snow Breweries Limited is SABMiller's joint venture with China Resources Enterprise, a conglomerate with interests in retail, beer, and food and beverages in China.
As to why China still supports North Korea with food supply, the question to ask is: Are you suggesting that China does not and let over 20 million North Korean women and children starve?
U.S. food exports to China require an 18% per year increase in water consumption.
The food comes from China, too, a vendor in the fruit and vegetable market explains.
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