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Since economic liberalisation and globalisation kicked in major economic growth in China since 1990, China’s food and beverage industry has expanded exponentially, boosting the country’s metal packaging industry (1).
London-based market researcher GlobalData (NOTE TO EDITOR – NO SPACE BETWEEN WORDS IN THIS COMPANY NAME) has forecast that China’s market will purchase more than 1 trillion units in 2024, with rigid metal packaging taking a 10.5% volume share of this vast financial cake (2).…

China’s sportswear brands have witnessed significant growth in sales during the Covid-19 pandemic, especially on domestic markets where consumers have embraced athleisure trends. Prominent examples include Beijing-based Li-Ning and Jinjiang-based Anta, which reported Chinese Yuan Renminbi-denominated sales growth of 14.3% (1) and 15.5% (2) respectively in 2022.…

Consumers in the rich east Asian markets of Japan and South Korea are increasingly keen on heated tobacco and vape products, although regulatory hurdles are restricting sales growth.

E-cigarettes that contain nicotine have long been prohibited under Japan’s Pharmaceutical Affairs Act in 2010 (1), although products without nicotine are proving popular with young adults, aged up to 29, according to a study by the Osaka International Cancer Institute (2) published in 2022.…

Tightening de-forestation regulations in major oils and fats markets are having an increasing impact on palm oil producers, who say they are being targeted unfairly.

The European Union (EU)’s deforestation-free regulation (EUDR) (1) that entered into force June 29 (2023), and will become binding from December 30, 2024, will lead to higher prices and supply difficulties for palm oil importers, EU and supplier country experts argue.  …

The world’s 600 largest companies are failing to provide full disclosure of anti-bribery and corruption information within their sustainability reporting, according to a joint report (1) backed by the International Federation of Accountants (IFAC). Working with from Transparency International UK and the World Economic Forum’s Partnering against Corruption Initiative.…

The Indonesian government is drafting a regulation to ban lead-based paints in the country, Markus Winarto, the secretary-general of the Indonesian Paint Manufacturers Association (APCI) has told PPCJ. The government has been under pressure from environmental health activists to take this step – one already taken in the Philippines, for example, but is facing some difficulties in finding alternatives for certain applications such as road markings and anti-corrosion coatings, said Winarto.…

Swedish telecommunications major Ericsson has agreed to plead guilty to past accusations of bribes, falsifying books and records, after accepting it had breached a USA deferred prosecution agreement (DPA). It will now have to pay an additional criminal penalty exceeding USD206 million.…

Food security concerns have driven China’s ministry of agriculture and rural affairs to push Chinese soy output in the past two years as growing tension with its main western trading partners – coupled with the inflationary impact of the invasion of Ukraine – has preoccupied officials at the ministry’s complex in the Tuanjiehu neighbourhood of Beijing.…

After weathering a Covid-impacted 2021, Vietnam’s apparel and footwear sectors rebounded in 2022, along with the rest of the economy, and while they are looking forward to medium-term expansion, 2023 could be a rocky ride.
Exports of footwear in the first half of 2022, for example, rose 13% by value compared to the same period in 2021, according to data released by the Vietnam News Agency (VNA) the state-run news agency (1).…