Reading Time: 3 minutes Beijing | Reuters — China plans to revamp the scheme it uses to allocate quotas for agricultural imports, as part of efforts to stamp out corruption and to rein in record state grain stockpiles, according to government and industry sources. The low-tariff quotas, which are sanctioned under China’s membership of the World Trade Organization, are […] Read more
Battling graft, China to overhaul grains import quota system
Milk prices sink as ‘white gold’ floods even China’s demand
Reading Time: 3 minutes Wellington/Shanghai | Reuters –– Hopes of a “white gold” rush fuelled by booming Asian demand for milk and other dairy products have been dealt a blow, as swollen stockpiles in top consumer China and a flood of supply pummel dairy prices. Global dairy prices have fallen more than 40 per cent since February, according to […] Read more
China culls birds as flu death toll rises to six
Reading Time: 3 minutes Chinese authorities slaughtered over 20,000 birds at a poultry market in Shanghai on Friday as the death toll from a new strain of bird flu mounted to six, spreading concern overseas and sparking a sell-off in airline shares in Europe and Hong Kong. The local government in Shanghai said the Huhuai market for live birds […] Read more
A message from April Stewart, Country Guide's Associate Editor
