Topic “In the News News” — Exporter Magazine

China’s Sinovel Wind Group Co Ltd has produced a 6mW wind turbine prototype, fresh off the production line which can be used in onshore, offshore and inter-tidal wind farms, according a Xinhua News report found on ChinaDaily.com. China has placed a ban on the production of baby bottles made of polycarbonate or containing Bisphenol A (BPA) from June 1, according to ChinaDaily.com. More than 200 cases of tainted asparagus juice, produced by Uni-President of Taiwan, have been imported by merchants in China’s Fujian province but the drinks have not been distributed, according to ChinaDaily.com. New Zealand sheep and beef farm businesses faced a 4.1% increase in input prices for the year ended March 2011. This was a stark contrast to the year before when farm input prices decreased 2.9%, according to Beef + Lamb New Zealand’s (B+LNZ) Economic Service Movements in Sheep and Beef Farm Input Prices 2010-11 report. The New Zealand dollar rose to its highest level against the greenback since it floated in March 1985 on improving risk sentiment and talk of Asian funds’ interest in assets such as government bonds, according to the NZ Herald. Abu Dhabi’s airport is currently one of the fastest growing in the world, and is expected to handle up to 40 million passengers once its USD$6.8 billion expansion plan is complete. The air freight industry, with 216 orders for new widebody freighters at the end of April, will see the bulk of the new capacity coming on line in the next year or two, according to the Shipping Gazette, citing Flight International. Containership owners have placed orders for a total of 1.6 million TEU of new capacity since June 2010, surpassing deliveries recorded in the same period which hit 1.4 million TEU, according to the Shipping gazette citing Alphaliner data.