SUBSCRIBERS
China seizes 3b yuan of decades-old smuggled meat
Published Wed, Jun 24, 2015 · 09:50 PM
Beijing
ALMOST half a billion dollars worth of smuggled frozen meat - some of it rotting and more than 40 years old - has been seized in China, reports said on Wednesday.
More than 100,000 tonnes of chicken wings, beef and pork worth up to three billion yuan (S$650 million) were seized in the nationwide crackdown, the state-run China Daily newspaper said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
WSJ moves Asia headquarters from Hong Kong to Singapore
South Korea to slap fines on food suppliers for ‘shrinkflation’
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Jim Beam owner bets on canned vodka cocktails to double revenue