In the News

US senator promotes bill aimed at raising US exports to Africa
Worried by China's expanding economic ties to Africa, a key US senator said this week he would soon unveil a bill aimed at tripling US exports to the resource-rich continent over the next decade, according to AFP.
more»
NZ's tech sector revenue break $7bln, exports at $5bln
New Zealand's technology sector has broken through the $7 billion mark for the first time, according to the NBR.
more»
Scandinavia, Russia and Sweden's butter shortage
Butter shortages in Scandinavia, Russia and other parts of the globe suggest that Ireland’s long-term expansion strategy for the dairy sector is well founded, according to the Irish Examiner.
more»
China's Cosco expects full-year loss due to fall in freight rates
China Cosco Holdings Co., the nation’s largest shipping line, predicted a full-year loss because of plunging rates for carrying commodities and containers, according to Bloomberg.
more»
Taiwan's Evergreen signs loan to buy 10 container vessels
Taiwan's Evergreen Marine and its affiliates have signed syndicated loan worth US$824 million to fund the purchase of ten 8,800-TEU newbuildings from China Shipbuilding Corporation (CSBC) of Taiwan, according to Transport Weekly, citing the Shipping Gazette.
more»
China's foreign trade to top US$3 trillion or 10% of world trade
A senior Chinese official said the country's foreign trade volume will surpass US$3 trillion this year, accounting for 10.5% of the world's total, according to ChinDaily.
more»
Malaysian firms ink multibillion dlr deal in ASEAN-China expo
Malaysian firms inked USD10-billion economic cooperation agreements with Chinese companies during a roundtable dialogue at the recently-concluded China-ASEAN Expo in Nanning of south China's Guangxi, according to Xinhua news.
more»
Chinese authorities checks sheep said to be fed fat-busters
Agricultural authorities in east China said they have conducted tests on livestock after media reports claimed sheep had been fed an illegal additive to make their meat leaner, accoding to Xinhua news.
more»
American port helps garment makers reach 2nd-tier Chinese cities
The Port of Los Angeles, as part of a broad initiative to facilitate exports and support economic development, is working with the US Department of Commerce to assist local garment manufacturers penetrate second-tier Chinese cities with their products, according to the Shipping Gazette, citing the American Shipper.
more»
Europe kiwifruit output to rise, led by Italy's 16% jump
Italy, Europe's largest kiwifruit grower, is set to produce around 461,500 tonnes of commercial-grade kiwifruit this season, according to FreshInfo’s website. 
more»
American solar companies in trade war with China
A trade complaint filed against China by a group of America-based solar companies drew skeptical reviews from inside the industry, with many fearing a trade war could disrupt growth, according to ChinaDaily.
more»
NZ health software provider Orion cracks Chinese market
New Zealand's largest privately owned software exporter, Orion Health, has scored two big contracts in China less than a year after entering the market, according to BusinessDay.co.nz.
more»
UK exporters seek Spanish appetite for grass-fed lamb
UK exporters have traditionally found it difficult to stimulate significant interest in Spain because of a perception that meat from the rain-fed pasture system common across northern Europe has too strong a taste, contrasting to their own milder grain-fed, domestically produced lamb.
more»
Catering to Singapore's rising demand for green products
Singaporean supermarkets are expanding the range of eco-products they offer in response to growing demand from shoppers, according to NZTE's website.
more»
Who will emerge as India's largest trade partner in 2025?
Indian merchandise trade in 2025 is expected to be USD6.7 billion, almost three times its levels in 2010 — at $338.9 billion with the United Arab Emirates (UAE) emerging as India’s largest trading partner by 2025.
more»
China's 2011 GDP grew 9.1% in Q3, set for full yr growth of 9.3%
China's GDP expanded 9.1% year-on-year in the third quarter of the year, marking the slowest pace since the third quarter of 2009, according to ChinaDaily.com.
more»
NZ's rocky road to India's dairy sector
New Zealand’s dairy firms, including Fonterra, are looking to buy up farms in India’s burgeoning dairy sector, but may not find going down that road free of bumps, a new government report indicates, according to FoodNavigator.com.
more»
Google kills Buzz its social networking service
With the launch of its more successful Google+ social networking service, Google on Friday said it plans to shut down Buzz, according to PCWorld.
more»
Vietnam's basa catfish runs into criticism in NZ
A leading food company has introduced controversial basa catfish from Vietnam to its frozen fish range, according to the New Zealand Herald.
more»
Apple blocks Samsung's Galaxy tablet sale in Australia
The Australian Federal Court has granted Apple an injunction to block tech rival Samsung from selling its Galaxy Tab 10.1 in Australia, according to the Sydney Morning Herald.
more»

Pages