date:Mar 06, 2014
's olive oil imports remained strong and hit 43,400 metric tons in 2013, an increase of 5.8 percent from the previous year.
The growing trade figure has also pushed Chinese companies to seek takeover targets overseas that can help meet demand for olive oil back home.
In 2012, six investors from China's textile, garment and agribusiness industries secured a $15.47 million deal for the purchase of the olive oil company Kailis Organic Olive Groves, which owned 3,813 hectares of plantations in Wes