Topic “China” — Exporter Magazine

The Chinese central government has called for stringent regulation on the production and marketing of melamine to avoid the use of melamine in the food and feed industry, according to ChinaDaily.com. China for the first time allowed the yuan to trade against the Malaysian ringgit on the domestic market last Thursday in a move signalling China’s intention to progressively turn the yuan into a major global currency, according to a Wall Street Journal online report. After more than a decade entering China, Nike has promoted China as its biggest market outside of the United States and is seeking to expand its product to lower-tier cities throughout the country, according to ChinaDaily.com. Jiang Bing, director-general of the Policy Planning Department under the NEA, was quoted by People’s Daily online as saying that the plan has specified major policy measures for the development and utilization of nuclear, wind, solar, biomass, geothermal, unconventional natural gas and other new energies feed-4836186

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