GEA Group has forecast that China will become its leading market within the next few years as it highlighted growing demand from the emerging economic superpower as the driver behind a 12.7 per cent jump in orders.
Emerging markets continue to attract both food processors and equipment suppliers, with AMF Bakery Systems, a leading supplier of bakery equipment in North America, recently expanding its footprint in the Asia Pacific region.
China’s position as a global supplier of wheat has strengthened particularly due to the fact that worldwide stocks are at their lowest levels for 25 years, according to a new report from Leatherhead Food Research.
Global demand for containerboard is forecast to rise over the next 15 years with Chinese consumption, expected to increase by nearly 7 per cent, leading the growth, according to a new report from RISI; the organization dedicated to providing information...
China's Ministry of Finance yesterday said it will scrap the
13 per cent tax rebate on grain exports to keep the products within
the country, a move that could put more pressure on other markets
around the world.