Saturday, March 15, 2014

Daily News March 15, 2014

Ongoing Problem on Coal 

China’s green credit policy has failed to put a stop to the Chinese-backed Stanari lignite plant, which breaches local and European regulations

Cheese prices at record on surge in exports to China, The Seattle Times
Cheddar-cheese prices climbed to a record as shipments to China jumped, pacing a surge in exports that has reduced supplies for domestic consumers.
Environmental problem

How Tesla Motors Inc’s electric car batteries are adding to China’s pollution woes, Finacial Post
As more environmentally conscious Americans do their bit to help clear the air by paying up for an eco-friendly Prius or a sporty Tesla, a damaging form of polluted rain is falling in China.

In today’s globalized economy, environmental disruptions in populous countries anywhere in the world could profoundly affect us all.

Trade 

GLOBAL MARKETS-World stocks, copper, oil decline after weak China export data, Reuters
Global stock indexes fell and the prices of copper and oil sank on Monday after surprisingly weak Chinese trade data added to worries about a slowdown in the world's second-largest economy

Crops and Food Security 

 China’s grain output reached 602 million tones last year, while according to the recently released China Food and Nutrition Development Program (2014-2020), as of the end 2020 China’s grain output will stabilize at 559 million tons or more

Chinese soyabean importers have cancelled up to 600,000 tonnes of South American soyabean cargoes for shipment between March and May, two trade sources said, as an outbreak of bird flu in the country and negative crush margins curb demand.





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