Chilean JV eyes China retail penetration for branded products with local partners

By Matilde Mereghetti May 19, 2017 17:25 BST http://www.undercurrentnews.com Chilean joint venture New World Currents is developing new added-value products — both fresh and frozen — for the Chinese retail market, the firm’s managing director Erwin Campos told Undercurrent News. The company plans to launch these products through new partnerships with Hong Kong-based companies Coland Group […]

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Imported seafood sales surge at leading Chinese e-commerce store

By Louis Harkell May 19, 2017 09:15 BST http://www.undercurrentnews.com Chinese e-commerce giant JD.com saw its online sales of imported seafood grow 14-fold in 2016. Overall online seafood sales for the Beijing-headquartered company, which competes head to head with Alibaba’s Tmall and is considered one of the largest business to consumer e-commerce retailers in China, increased […]

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Clearwater sees significant growth in China, with more expected

http://www.undercurrentnews.com Clearwater Seafoods experienced a 26% year-on-year growth in its Chinese market during the first quarter of the year, the best growth in five quarters, according to a report published by Doug Cooper, an analyst with Canadian investment dealer Beacon Securities. The growth, according to Cooper, was “spearheaded by clams albeit management indicated that sea scallop […]

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Canadian Seafood Sales on JD Platform in China Increase 400%, CA Gov Pledges More Support

SEAFOODNEWS.COM [DoNews] Translated by Amy Zhong  May 12, 2017 The sales of Canadian fresh food, mostly seafood,  skyrockets by over 400% on JD platform. And the government tends to further cooperate with the e-commerce company in its export to China. Recently François-Philippe Champagne, Canada’s Minister of International Trade, has paid a visit to JD and talked […]

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Russian Far East shrimp catcher renewing fleet amid leap in China sales

   Undercurrent News BRUSSELS, Belgium — Russian Far East shrimp catcher Magadanryba has seen a strong increase in its sales to China over the past two years, Evgenii Chernyshin, director of the firm’s commercial department, told Undercurrent News. From sales of around 100 metric tons to the Asian giant in 2014, it now sells around […]

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China Begins Annual Summer Fishing Ban in Most Areas

SEAFOODNEWS.COM [Manila Buletin]  May 1, 2017 Some 1,200 fishing boats from Xiangshan, east China’s Zhejiang Province, returned to port on Sunday as a seasonal fishing moratorium is set to begin on Monday May 1 in the East China Sea. From May 1, no fishing will be allowed in all of China’s national waters including the […]

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Norwegian Companies Plan Explosive Growth in Salmon Sales to China This Year, Aim for 65% Mkt Share

SEAFOODNEWS.COM by Amy Zhong May 1, 2017 Large quantities of Norwegian salmon are on their way to China. This April has witnessed the hosting ofNorway-China Business Summit 2017 in Beijing, which marks a new chapter in China’s import of Norwegian salmon. Companies from China and Norway have reached 13 cooperation agreements at the summit. And […]

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Lobster Industry Illustrates China and US’ Interwoven Economies

SEAFOODNEWS.COM [Global Times] by Zhang Ye – April 12, 2017 In the run-up to the 2017 Spring Festival holidays, online retailer JD.com Inc saw its sales of imported US lobsters surge. The tasty crustaceans have become vogue in China over the last few years. China imported $108 million worth of lobsters from the US in 2016. […]

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Major Norwegian Investor to Tout Seafood Market Expansion on Trade Mission to China

  SEAFOODNEWS.COM [China Daily] by Bloomberg – April 12, 2017 Oslo — A major investor from the land of the vikings said China would be the next big fish market to be conquered by Norwegian salmon. “China is too big to ignore,” Hogne I. Tyssoy, portfolio manager of the Holberg Triton fund, said in an […]

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