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OPINION: Is the Chinese dairy slump coming to an end? Yes, according to one of the China’s biggest dairy companies, Yili Industrial Group.
Yili expects to record a modest gain in sales this year as China’s dairy consumption is recovering after a post-Covid slump.
From July to August, Yili’s revenue from its liquid milk business climbed by around 5% from a year ago, and the second half is expected to be better than the first six months of this year.
Since July, liquid milk has been in high demand again and a multi-year slowdown in the firm’s milk powder business is also showing signs of bottoming out.
It’s early days, but Yili’s announcement would bode well for NZ dairy exporters who rely on China for much of its sales.
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Chinese dairy giant Yili Group says its New Zealand operations are on track for strong revenue growth in 2025 after recording significant year-on-year growth for the first half of the year.
If you find a new consumer in a developed wine market, you are taking them from someone else, says Blank Canvas co-founder Sophie Parker-Thomson MW.
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Jayna Wadsworth, daughter of the late New Zealand wicketkeeper Ken Wadsworth, has launched an auction of cricket memorabilia to raise funds for I Am Hope's youth mental health work.
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DairyNZ chair Tracy Brown is urging dairy farmers to participate in the 2026 Levy vote, to be held early next year.
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