China offered few details of its reasons for the investigation. Zhang Mao, head of the State Administration for Industry and Commerce (SAIC), said at a meeting last week that the investigation covered 20 provinces and municipalities. ...
A second foreign manufacturer of baby formula is planning price cuts amid an investigation by China's top economic planner. Dumex, part of France's Danone group, said Thursday it was preparing a price reduction proposal. On Wednesday, ...
Tags: baby formula, dairy products, milk powder
The Ministry of Finance announced Thursday that it has expanded its trial municipal bond program, allowing more local governments to issue bonds directly and assume a larger role in managing their own finances, The Wall Street Journal ...
Tags: Municipal Bond Program
We are excited to announce that on June 2, 2013, Adalis Corporation joined the H.B. Fuller legal entity worldwide and became the business unit referred to internally as, “H.B. Fuller, Adhesive Coated Solutions”. While Adalis ...
Tags: Adhesive Coated, Adalis
IN another wild swing that extended the volatile start to the financial year, the stockmarket rebounded to sit 1.1 per cent higher after fresh data pointed to a strengthening US economy. Materials and energy stocks led the recovery from ...
Tags: US economy, market, economy
Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
After undertaking an in-depth programme of market research and interviews with stakeholders in various sectors, the organisers of the Intertextile Apparel Fabrics fairs have decided that Intertextile Beijing Apparel Fabrics will now be held ...
Tags: Intertextile, Apparel
The first thing customers see as they enter the basement of the Wal-Mart Qinghe store in Beijing is a mountain of imported milk cartons. Half a large stack of Euro-fit whole milk from Germany, selling at 9.9 yuan ($1.61) per box, is ...
Tags: Imported Milk, Dairy Products
Many small and medium-sized enterprises took a direct hit from the bank liquidity squeeze in June, which disrupted their cash flow and boosted the cost of financing. Figures from Shanghai-based Wind Information, a financial data provider, ...
Tags: Credit Crunch, Smaller Firms
China's new natural gas pricing mechanism will create two separate bands of prices across the country with an average difference of 42%, although over 90% of supply will still be priced at the lower level. The National Development and ...
Tags: Natural Gas, Chemicals
After establishing a global leadership position in developing UV LED curing solutions, Phoseon Technology intends to showcase its wide array of the most advanced UV LED curing systems at the Shanghai International Ad & Sign Expo to be held ...
Shanghai Pharmaceuticals Holding Co., Ltd. (SHSE: 601607) revealed that agreement has been inked with Dongying Pharmaceuticals Co., Limited (BVI) for equity transfer to be carried out in phases. As the first step, Shanghai Pharmaceuticals ...
Tags: Pharmaceutical, generic drugs
Shanghai (EASTPO) International Machine Tool Fair is an annual fair. It has been successfully held for 14 sessions since 1999. EASTPO 2012 covered an area of 84,000㎡and 1,139 exhibitors from more than 20 countries and regions as ...
What does it take to shake the Chinese market? If stock turmoil in Shanghai and talk of bank default don't strike fear in the heart of the nation, images of a metropolis falling into a chasm will perhaps do the trick. An image from the ...
Tags: Cash Squeeze, Banks
According to new findings from Canadean, the Chinese fragrance sector will grow at a value CAGR (Compound Annual Growth Rate) of 11.1% until 2017. The overall health and beauty industry in China will grow at a CAGR of 7.2% for the same ...
Tags: fragrance sector, Daily Use