In the News

Visitors tell NZ to reject genetically modified crops
A survey of visitors from overseas - many in New Zealand for the Rugby World Cup - has found two out of three say New Zealand should not allow genetic engineering in food and the open environment, even though some have mixed views about how Genetically Modified Organisms (GMOs) are used in their own countries, according to Scoop.co.nz.
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Aussies told to get familiar with pricing in RMB
The trade boom fuelled by Asia's economic re-emergence will last at least another 15 years but Australian exporters will have to get much more familiar with transacting in the Chinese currency, according to the Sydney Morning Herald, quoting HSBC.
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French Co-op struggles to penetrate Asian market
Blue Whale, a French cooperative of growers and exporters, has had a presence in Asia for a long time, but they are finding it difficult to expand in the Asian market, according to FreshPlaza.com.
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US claims China breaches WTO rules with its long list of subsidies
Under pressure from Congress to do more to confront China on economic issues, the Obama administration has notified the World Trade Organisation of nearly 200 Chinese subsidy programs, saying many of them may violate free trade rules, according to the New York Times.
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China demand lifts US pork exports
US pork exports will jump 23% or more this year because of surging demand and prices in China, the world's top consumer, according to a report in ChinaDaily quoting Brett Stuart, the co-founder of farm-industry researcher Global AgriTrends.
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NZ exporters should target China's middle market
New Zealand companies are failing to properly exploit Asian markets because they don't understand Asian customers, said a leading New Zealand marketing academic in an interview with Xinhua.
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Watties says Italians dumping tomatoes in NZ
An investigation is under way into allegations by Heinz Wattie's that Italian preserved tomatoes have been dumped on the market here, causing "material injury" to the New Zealand food industry,according to the Sunday Star Times.
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Denmark introduces "fat" tax
Denmark has imposed a fat tax in attempt to limit the population's intake of fatty foods, becoming the first country to take such a measure, according to a report carried in Al Jazeera.
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Maersk sees 13,000-TEU vessels as industry choice in future
Copenhagen's AP Moller-Maersk, owner of the world's biggest container line, says its order for twenty 18,000-TEU vessels will not flood the market with super megaships, as rival say but rather 13,000 TEUers will become common.
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NZ brewers can't find enough hop?
New Zealand brewers have been forced to cut products from their ranges due to a lack of American-grown hops, a key ingredient in the popular American pale ale style, according to the Sunday Star Times.
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US wants more transparent China farm sector
China must make its farm sector more transparent and fairer to foreign competition, the United States told the World Trade Organisation's (WTO) agriculture committee on Friday, as it reviewed China's first decade in the world trade body, according to ChinaPost.
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Amazon takes on ipad with Kindle Fire
Amazon.com has taken the wraps off its long-awaited "Kindle Fire", tacking on a mass market-friendly $US199 ($204) price tag that poses a serious threat to the dominance of Apple's two-year-old iPad, according to a Reuters report carried in the Sydney Morning Herald.
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China the new market for super yachts?
China's yacht market is small at present, but it will grow bigger in the coming years, according to a ChinaDaily report.
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Boeing's 747-8 launch faces glitch
Boeing Co's newest, biggest plane has cast a shadow over ceremonies to mark the three-years-late first delivery of its smaller cousin, the composite-plastic 787 Dreamliner, according to a Bloomberg report carried by GulfNews.
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NZ dlr's plunge may give exporters some cheer
The New Zealand dollar, which hit a post-float high of US88.43c last month, could fall as low as US72c against the greenback over the next few weeks, according to the NZ Herald, quoting a currency expert.
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China's push for Arab trade via new silk road
As European and U.S. economies falter, China is making a trade push with the Arab world, according to Taiwan’s ChinaPost.
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Victoria spends big money to lure Chinese trade, visitors
Victoria will launch a trade mission to China next year involving more than 100 companies and organisations, according to NineNews Australia.
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FedEx trims full-year profits
US' second largest package shipping giant FedEx has reduced its full-year forecast despite its first quarter net profit from June to August increase 22% to USD$464 million drawn on revenues of $10.52 billion, according to the Shipping Gazette
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Developing countries tightening hold on natural resources
Countries from India and Indonesia to Russia are tightening their grip on natural resources as they limit exports to build up domestic industry in a trend that will spawn many challenges to World Trade Organization (WTO) rules, according to China Daily.
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