Topic “In the News News” — Exporter Magazine

Organisers said 70% of Expo pavilions and facilities participated in Tuesday’s trial opening. Security checks at the entrances had to be canceled to disperse the long lines of visitors, who might otherwise have had to wait hours to pass through X-ray scans of their hand luggage. Sales of smart tags and labels such as radio frequency identification (RFID) devices will experience the fastest gains among food safety products, driven by their ability to providing traceability throughout the food supply chain, according to Foodproductiondaily.com. AP MOLLER-Maersk CEO Nils Andersen has been quoted as saying the recent recovery in container shipping is simply a result of an inventory swing, and rates need to be higher before carriers can commit to capacity expansion. In the first quarter of 2010, China’s exports grew almost 29% year-on-year to $316.17 billion, while imports surged nearly 65% to $301.7 billion. During the first quarter of this year, China’s trade surplus was $14.5 billion, around 77% lower than that of the first quarter of 2009.