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China may delay rate hike to H2

BEJING, May 22-- China may postpone an interest rate increase to the second half of this year despite recent surges in consumer prices, but analysts said policy makers are more worried about uncertainties facing the global economy. Morgan Stanley said in a report that the People...

New Distribution Centre for Zhongpin

CHINA - Zhongpin has started to construct of a new cold-chain distribution centre in Changge in Henan province. Zhongpin Inc., a leading meat and food processing company in the People's Republic of China, has announced that it has started to construct of a new cold-chain ...

PepsiCo to Invest Additional $2.5 Billion in China

New York - PepsiCo Inc. said Friday that it plans to invest an additional $2.5 billion in China in the next three years on new plants and research facilities as the food and beverage maker builds up its presence in the growing market. The company made the announcement in a news ...

Fourteen Experts in Agricultural and Animal Husbandry Provide Technical Assistance to Mongolia

Source: Farmers Daily On May 10, 14 experts in agricultural and animal husbandry, selected and sent by the Ministry of Agriculture, went to Mongolia to provide technical assistance for China-Mongolia South-South Cooperation Program. On Sept. 25, 2008, Premier Wen Jiabao declared ...

Hong Kong Reports New Outbreak of FMD

HONG KONG - The World Organisation for Animal Health (OIE) reports that a new outbreak of foot and mouth disease (FMD) has occured in the country. The country's veterinary aithorities sent an immediate notification to the OIE on Tuesday, 18 May. A total of one outbreak has been ...

Summer Field Management Focus on Prevention and Control of Plant Diseases and Pests

Source: MOA website With the recent temperature increase, areas of the Yellow River, Huaihe River, and Haihe River have been witnessing plant diseases and pests, with the average rise of area being 10 million mu per day. Locust plague has also reared its ugly head. On May 13, the ...

Macao's CPI up 2.56 pct in April

MACAO, May 19 (Xinhua) -- Macao's Composite CPI (consumer price index) for April 2010 went up slightly by 2.56 percent over the same month last year to 103.68, which was attributable to the price increase of Food and non-alcoholic beverages and Transport, according to the figures ...

2010 China Rural Economic Forum Held in Chongqing

Source: Chongqing Daily On May 15, 2010 China Rural Economic Forum was launched in Chongqing Municipality. Experts on the issues of agriculture, rural areas, and farmers gathered to share their insight into the coordination of urban and rural development. On the opening ceremony, ...

China: Dried melon recalled due to undeclared sulfite content

A recall of dried melon, a product of China, has been issued due to undeclared allergens. The dried melon contains sulfites, which can cause serious allergic reactions or death in some individuals. The dried melon product is marketed by So Shing Hing Trading Co. Ltd. Those who ...

China needs to raise interest rates

The latest data released by the Chinese State Statistical Bureau in 2010 indicates the consumer price index in China increased by 2.8% and the producer price index by 6.8% year-on-year to April this year. The growing inflationary pressure again highlights the need for China to ...

Rice suppliers warned to improve inaccurate packaging or face fines

Taipei, May 28 (CNA) Rice suppliers who are found to have failed to provide accurate labeling information on the varieties used in their packaged rice must recall their products and improve the packaging within two weeks or face punishment, the Agriculture and Food Agency said ...

China to crack down on vegetable hoarding

China will crack down on the hoarding of vegetables to curb speculation and maintain market order, the National Development and Reform Commission said Thursday. China's top economic planner urged local governments to step up efforts to strengthen market monitoring and clamp down ...

Hong Kong, French Bordeaux sign wine pact

HONG KONG, May 25 (Xinhua) -- Hong Kong and the Southwestern French region of Bordeaux on Tuesday signed a supplemental memorandum of understanding on cooperation in wine-related businesses, adding new elements to their 2008 deal. Permanent Secretary for Commerce and Economic ...

China cautiously optimistic about 2010 summer grain output

ZHENGZHOU, May 26 (Xinhua) -- China's four major grain production areas have shown a cautiously optimistic attitude toward their 2010 summer grain output, after extreme weather caused havoc on agricultural production in the north and southwest of the country. Henan, Shangdong, ...

China GDP growth to exceed 11% in 2010: OECD

PARIS, May 26 (Xinhua) -- China's gross domestic product would exceed 11 percent this year before slowing to just under 10 percent in 2011, the Paris-based OECD predicted Tuesday in its Economic Outlook report. The organization forecast China s speedy growth to continue in early ...

China: New standards to ban bleaching of pistachios

Regulators are busy drafting food safety standards for pistachios to prevent widespread bleaching of the product, experts said. "Due to traditional eating habits, bleached pistachios are prevailing in China because of their 'clean look'," said Weng Yangyang, secretary-general of ...

China says to meet CPI target, vegetable prices to fall

China will be able to keep the full-year growth in its consumer price index (CPI) at about 3 percent, China's planning agency said on Monday. Thee National Development and Reform Commission (NDRC) said that vegetable prices, which helped to push China's consumer inflation to an ...

Two HK's fish snacks fail safety checks

HONG KONG, May 25 (Xinhua) -- A mullet and a fishcake in Hong Kong had been found to contain malachite green in the Center for Food Safety's Southeast Asian food safety survey, the Center said on Tuesday. Three hundred food samples, including snacks, soups, main dishes, rice, ...

China: Small watermelons in greenhouses sell hot

Watermelons are popular in Lhasa now as it is hot. The local residents prefer to pick small watermelons in greenhouses themselves instead of buying some in the market as they would like to enjoy most fresh ones even though it will cost them more.

Hong Kong Signs Wine Deal with Oregon, Washington

HONG KONG The Hong Kong government Monday signed a Memorandum of Understanding (MOU) on Co-operation in Wine- Related Businesses with Oregon and Washington of the United States, according to the local government website. The signing of the MOU, which has taken place in Hong Kong, ...
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