Topic “China” — Exporter Magazine

Shanghai, Guangzhou and Beijing have the highest levels of CO2 emissions per capita among the 22 cities measured by the Asian Green City Index, which evaluates the environmental performance of major Asian cities in eight categories – CO2 emissions, energy, buildings, transport, water, waste and land use, air quality and environmental governance. New Zealand’s Milfos will supply its iConverter technology which ‘snap’ chills milk from 34°C to 4°C for bulk storage. This underpins milk hygiene by lowering the bacteria count. Since the June 19, 2010 announcement by China’s central bank of greater exchange rate flexibility, its currency, also known as renminbi has appreciated 3.7% against the dollar, or about 6% annualised. The renminbi has appreciated 26% in total against the dollar since 2005. China will permit designated banks to trade yuan/foreign currency swaps on behalf of their clients from March 1, according to a Reuters report quoting the country’s foreign exchange regulator. The article, quoting Chinese Commerce Minister Chen Deming, said recently that China hopes the US could relax its control on high-tech products export to China. China exported $842.74 billion worth of machinery and electronic products in the first 11 months, up 32.7% from a year earlier, Zhang Yujing, director of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) was quoted saying. The report also said China has – after two days of high level talks – agreed to lower restrictions on the imports of wind turbines and telecommunications equipment, and other moves, that could lead to a substantial boost in US exports to the world’s second-largest economy