Search Results for: China

BY MARK ROWE
ERNST and Young have been appointed by China’s largest bank to audit its books amid concerns about the high rate of non-performing loans in the country. Industrial and Commercial Bank of China has hired the company to audit about a fifth of its business, the first time the bank has used foreign auditors for its accounts.…

BY ALAN OSBORN
THE EUROPEAN Union is to suspend Chinese imports of rabbit meat and poultry following the discovery of “serious deficiencies” in China’s medical residue control system and “problems related to the use of banned substances in the veterinary field.”…

BY MARK ROWE
THE HONG Kong company Modern Terminals Ltd (MTL) has announced that it plans to invest a further HK$1 billion, (Pounds 94 million), to HK$2 billion in its port projects in China over the next three years. These include the container terminal operator’s ongoing investments in the Kaifeng and Shekou container terminals in Western Shenzhen across the mainland border and also operates five container berths at Hong Kong’s Kwai Chung Container Port.…

BY KEITH NUTHALL AND MARK ROWE
THE EUROPEAN Union has agreed a suspension of Chinese imports of molluscs, crustaceans, frozen shrimps and prawns because of concerns about contamination; it follows the discovery of “serious deficiencies” in China’s medical residue control system and “problems related to the use of banned substances in the veterinary field.”…

BY KEITH NUTHALL
THE WORLD Intellectual Property Organisation’s digital copyright treaty is to come into force on March 6, next year, after Gabon became the 30th country to ratify its provisions, the minimum number required to make it international law.

This convention safeguards the rights of authors whose works are published on the Internet and in other digital media, protecting literary and artistic works, including online books, computer programs, music, art, and films.…

BY KEITH NUTHALL
A HOLISTIC global campaign against HIV/AIDS has been agreed by Rome-based UN agencies: the Food and Agriculture Organisation, the International Fund for Agriculture Development and the World Food Programme. The trio will work to minimise the effect on food production of AIDS epidemics in countries where the disease is particularly widespread, namely Cambodia, China, Ethiopia, Kenya, Malawi, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.…

BY KEITH NUTHALL
The European Commission announced today (Thursday) that after three days of intensive negotiations an “historic” agreement has been reached with China on maritime transport. The deal is based “on the principles of freedom to provide services, free access to cargoes, and cross-trades, unrestricted access to an non-discriminatory treatment in the use of ports,” said the Commission.…

BY MONICA DOBIE, in Montreal
ONTARIO-based, Sleeman Breweries has announced that it has reached an agreement with H.P. Bulmer Ltd. of Hereford, England, to handle sales and marketing for its Strongbow premium packaged and draught ciders in Canada.

Bulmer cider became available in liquor stores in Ontario, B.C…

BY MARK ROWE
SHIPPING live prawns in a hibernated state to Europe is being promoted in Thailand as a means of combating increased export competition from regional neighbours. Thai exporters are being encouraged to explore the possibility of shipping live tiger prawns to Europe by keeping the cargo in hibernation.…

BY ALAN OSBORN
THE USA takes more scientists and engineers from Britain than from any other country in the western industrial world, according to the latest Science, Technology and Industry indicators published by the Organisation for Economic Cooperation and Development.

The report shows that 7,086 scientists and engineers from the UK are at present employed in the US, followed by 5,351 from Canada, 2,298 from Germany and 1,843 from Korea.…