A World Trade Organisation (WTO) panel has ruled that a US ban on Chinese poultry is illegal – the first such reprimand for legislation brought in under the Obama Administration, according to MeatProcess.com.
Using robotics in meat processing and packaging will lead to greater hygiene, improved consistency of operation and greater productivity, according to MeatProcess.com, citing the German Institute of Food Technologies (DIL).
Asian governments’ failure to act has given shipping lines the freedom to collaborate to impose sharply higher rates. The Asian Shippers Council said its members have had to put up with ridiculous surcharges - a peak season surcharge outside the traditional peak season and emergency bunker...
China imported 8,017 tonnes of olive oil in 2007, up from 393 tonnes in 2001, according to the General Administration of Customs. Analysts expect imports to soon touch 10,000 tonnes a year.
In August, Zhejiang Geely Holding Group Co completed its takeover of Swedish carmaker Volvo Car Corporation. And late last month Shanghai-based Bright Food (Group) Co Ltd emerged as the frontrunner to acquire United Biscuits, the UK biscuit maker currently owned by private equity firms.
China would have invested a total of 140.5 billion yuan (NZD$28.15 billion) in its ambitious South-to-North Water Diversion (SNWD) project from 2006 to 2010, according to a China Daily report quoting the country's water diversion authority.
The US House of Representatives last week passed a bill giving the executive branch the power to impose punitive duties on exports to the US of any country whose currency is labelled “fundamentally undervalued.”
Six global freight forwarders have pleaded guilty and have accepted fines of USD$50.27 million (NZD$70.17 million) from the US Department of Justice (DOJ) for conspiring to fix air cargo fees between 2002 and 2007, according to the Shipping Gazette.
