Friday , March 31 2017
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World

NZ dairy ‘falls from grace’, European brands booming; – People’s Daily Online

The impact of the detection of chemical residues in dairy products originating from New Zealand found in Chinese market is still spreading as consumers turn to European brands. help writing an essay "DCD Affair"  Peoples Daily – which is the Chinese Communist Party mouthpiece reports –  although New Zealand insists dicyandiamide (DCD) is less toxic than table salt, reporters found that many consumers still have doubts about New Zealand milk powder. And urchasing agents are getting extremely busy withEuropean milk powder business. According to Taobao, China’s largest e-commerce platform, in the last seven days, New Zealand milk powder traded indexwere down 24.1 percent. On Jan. 27, the index once declined to zero, which means a marked decline in sales of New Zealand milk powder. Many foreign milk powder sellers are posting the official statement on their home pages, claiming they don’t sell products of the Fonterra Group. A Taobao shopkeeper told reporter, despite having put on New Zealand officials’ statement on the webpage, recently the business has been “down” a lot. After training,the shop now requires customer service staff to be patient to explain to consumers and clear their doubts. At the same time, some milk powder brands from Europe began to expand their market share in China. According to media reports, recently, DM Stores, a large supermarket chain in Germany implemented restrictions for the purchase of infant formula; each customer can only buy up to four boxes each time. At the same time, the Netherlands requires each customer can only buy a jar of milk powder. Affected by the “restriction”, many European milk powder e-shops are considering raising prices. A Taobao shopkeeper advises reporter “to take advantageof the opportunity and buy more. If the restrictions are put into effect for a long time,price will continue to rise.”

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Finally – Tim Groser bid for WTO top slot confirmed by NZ Govt

Prime Minister John Key said the Government has nominated Trade Minister Tim Groser for the position of Director-General of the World Trade Organisation. “Nominations have been called for by the end of December, and I can confirm that Mr Groser’s name has been put forward, with the New Zealand Government’s …

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Canadians buy 30 per cent Kaingaroa forest from Harvard Funds

The Public Sector Pension Investment Board –  one of Canada’s largest pension investment managers – has agreed to buy 30 per cent of  Kaingaroa Forest from Harvard University’s endowment fund. Harvard will retain a 28.75% stake in Kaingaroa Forest after completion of the transaction, which remains subject to regulatory approval …

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Alan Oxley – Kyoto is buried, time for new thinking

The Kyoto Protocol died in Copenhagen in December 2009. Why, then, are climate change officials, including our own, meeting a third time since then and, instead of finalising burial arrangements, still talking about extending Kyoto to tackle climate change? The answer is simple: the international community of climate change officials …

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