Daily News April 11, 2014

Environmental Pollution and Health

Six polluting industries to move out of Beijing, Eco-business

Six heavily polluting industries, all involving manufacturing, will move out of Beijing, said a senior official of the Beijing municipal government during a dialogue with citizens on March 8.

China’s Li Swaps Steel Production for Cleaner Air, Businessweek

China’s slowing economy and tougher government anti-pollution efforts are taking a toll on its steel mills, rattling the world’s biggest producer of the alloy and flashing worries of a potential downturn in the global iron-ore trade.

Expats seek breath of fresh air outside big, smoggy cities, Chinadaily

As pollution lowers quality of life for many foreigners, smaller or coastal cities are becoming a magnet thanks to a good environment, reports Zhang Yuchen

China’s Role in Global Trade

Australia, China push to establish Sydney as offshore trading center of Renminbi, Xinhuanet

 Australia and China have agreed to enhance offshore market development of the Renminbi (RMB) and the central banks of both countries are working together on potential future clearing and settlement arrangements in Sydney, Treasurer Joe Hockey said in a press release on Friday.

China a top export market for Louisiana

The U.S.-China relationship is important and evolving. It will define the world's economic trajectory in the 21st century. 

How does environmental pollution influences supply chain model

Brilliant future for green credits, China Economic Net

The well-achieved targets by lenders showcases that fact that recent green credits efforts in many regions are productive, according to statistics in 2013, which led bankers to rethink their "green finance" strategy.

Grain, Poultry and Food Security

Panic after Chinese city declares tap water toxic, the Telegraph

Residents of provincial capital in west China flock to supermarkets to stock up on mineral water after government admits water supply contaminated by potentially deadly toxic chemical.

Related:

Excessive benzene found in NW China tap water, Xinhuanet

Chinese Billionaires Hope Their Money Can Help Buy Better Food, WSJ

Following in the footsteps of the rich and famous in the West who’ve launched their own food empires — from Whole Foods to Duchy Originals — wealthy Chinese are now turning their eyes to food as the new frontier. 

Chinese Dairy Firms Aim to Raise Up to $1.3 Billion in Hong Kong IPOs, WSJ

China Shengmu Organic Milk and Beijing Sunlon are planning to raise as much as $1.3 billion combined from Hong Kong IPOs this year, tapping into investor demand for access to China's dairy industry.

China Inflation Rose 2.4% in March, WSJ

China's inflation came in just below expectations for March, suggesting domestic demand remains soft as the economy loses momentum.

China allows Brazilian corn imports, setback for U.S., AG Professional

China has allowed Brazilian corn imports to start this month, a further blow to U.S. exports to the world's No. 2 consumer of the grain already hurt by the discovery of an unapproved genetically modified strain in shipments.

Where's the Beef? More Than Ever, It's in China

Tyson Foods (TSN_), privately held Cargill, JBS (JBSAY_) and Leucadia National's (LUK_)National Beef are among the meat processors ready to jump into China should the market re-open to U.S. beef, according to Joel Haggard, senior vice president for the Asia-Pacific division of the U.S. Meat Export Federation.

China Seeks Its Own GMO-Food Path, WSJ

China has long faced unfavorable food math: It feeds a fifth of the world’s population on a seventh of its available land—and not the world’s most fertile, Beijing often complains. So the question in global agriculture markets has often been, Why not speed up use of genetically modified food?