A senior Chinese civil aviation official said on Thursday that China, the world’s most populous nation, would build 56 more airports during the next five years to expand transport capacity, according to ChinaDaily.
The Old World wine producing countries had a much better 2010 in overseas markets than many of their rivals in the New World, according to BeverageDaily.com.
A Dutch university has developed an analysis to detect fraud or other irregularities in products such as meat and cheese, and is looking to partner with the industry and governments to develop further food tests, according to FoodProductionDaily.com.
The High Court in Auckland on Tuesday imposed penalties against two international airlines charged for price fixing.
Saudi Arabia, which holds one-fifth of global oil reserves, aims to pursue renewable energy and nuclear power to help reduce by half the crude and natural gas it burns now to generate electricity, according to GulfNews.com.
APL, the container shipping arm of Singapore’s shipping and logistics group Neptune Orient Lines, has announced it will scan export containers for nuclear radiation at its terminal at Yokohama, according to the Shipping Gazette.
China’s electronics market has been severely affected by the aftermath of the earthquake and tsunami that hit Japan on Friday, according to China Daily.
Originally developed to detect counterfeit medicines, the technology is now being adapted to meet the needs of alcoholic drink makers.
According to GulfNews.com, consistent with what has been seen in the last decade, Indian demand for gold will be driven by savings and real income levels and not by price.
HSBC economist Simon Williams told Gulf News that employment continues to be weak in the United States and in Europe while rising commodity prices erode disposable income and that’s a real threat to a recovery that looks fragile in most of the western world.
“Nansha is able to offer competitive terminal handling costs on top of high service levels,” said Maersk’s south China chief Soren Karas, adding that trucking an FEU to the Shekou, Chiwan or Yantian terminals on the eastern side of the Pearl in Shenzhen would be US$160 higher from Zhongshan than if the cargo went to Nansha.
According to the central bank’s latest report on the international financial market in 2010, banks made more than 500 billion yuan of cross-border RMB trade settlement in 2010, accounting for 2% of China’s total foreign trade value that year and about 48 times the amount in 2009.
Exhibitors are given a special tag which they can attach to their product. A web portal is also created whereby the exhibitors must upload information in advance. Potential buyers get given their badges which they can scan information about the products they are interested in.
A department investigation concluded that the products, used in construction, vehicle parts, furniture and other goods, were being exported to the United States at roughly 33% less than their fair value.
The Fukushima plant, hit by the March 11 earthquake and tsunami, has contaminated soil, seawater and drinking water as it leaks radiation, prompting local and overseas consumers to seek safer food supplies. Governments worldwide have also curbed imports of Japanese foodstuffs.
The new factory is an extension of the 106-year old Biessenhofen factory, where Nestle has produced hypoallergenic infant formulas since 1987 – as well as infant cereals and other foods, and some adult healthcare products.
