“The announcement that Mainzeal has been placed into receivership has taken many in the construction industry by surprise but should not be considered unexpected given New Zealand’s boom-bust construction market, says Stephen Selwood,” Chief Executive of New Zealand Council for Infrastructure Development. “While Mainzeal is facing its own unique set of circumstances as a company there is no doubt that …

Richard Yan appears to have scuppered plans for a full-scale “New Zealand House” in Shanghai to host NZ’s key government agencies and companies and to showcase NZ products. mobile spy software During newzealandinc.com’s recent research trip to China, informed sources said that Yan had indicated he intended to seek commercial tenants for his Shanghai building after protracted negotiations with NZ …

The independent directors of Mainzeal Group – who also sat as directors on Mainzeal Property and Construction – issued their own formal statement yesterday on the receivership of the subsidiary company stressing the holding company was not in receivership. The statement is worth quoting in verbatim. The  independent Chair of MGL, Dame Jenny Shipley confirmed that, as of midday February 5th …

The country’s third largest construction company collapsed and was placed in receivership today after the Mainzeal Group’s major shareholder, Richina (NZ) LP, refused to commit more capital and the bank pulled its funding. Mainzeal’s sole remaining director Richard Yan – who also heads Richina – said that after  “a series of events that had adversely affected the company’s financial position” …

“Parents feel the pinch of tainted milk” was the headline over this opinion article by China Daily editor-at-large Bai Ping over the weekend. It gives an insight into the lengths Chinese parents go to ensure safe foods for their babies and young children. “Although I’ve been coping with the incessant stranglehold of smog on Beijing with considerable calm, recent reports …

China’s Ministry of Health announced on its website that the China Food  Safety Risk Assessment Center has organized setting up detection methods and took samples tests for DCD. write my essays Wu Yongning, chief expert of China Food Safety Risk Assessment Center told a media briefing, dicyandiamide (DCD) can  prevent nitrogen loss and can prevent nitrogen from turning into nitrate to pollute the environment. The substance is among existing registration of fertilizer in China.Currently, there is no official limit on amount from international organizations. The Ministry said the China Food Safety Risk Assessment Center has taken timely measures to detect and test samples after media reports. The Center are consulting international experts,using the results of animal experiments, and the final results are still in process of argumentation. The State General Administration of Quality Supervision, Inspection and Quarantine earlier said it that it would continue to pay attention to and investigate the tainted New Zealand milk powder incident and asked New Zealand for risk assessment report as soon as possible. “We contacted concerned departments in New Zealand multiple times after its Ministry for Primary Industries announced on Jan 24 it had ordered to suspend the use of fertilizers containing dicyandiamide on the country’s pastures,” Fu Wenbiao, deputy director of the General Office of the General Administration of Quality Supervision,Inspection and Quarantine, said at a news conference. “We will continue to pay attention to, and investigate, the issue.” Low levels of dicyandiamide, or DCD, a low toxicity chemical, were found in dairy products produced in New Zealand. But fertilizer companies have since suspended use of DCD .      

Shanghai Daily reports officials have found no dairy products with the potentially harmful chemical residue that was detected in some New Zealand dairy products. Shanghai Food Safety Office director Yan Zuqiang said the city’s food safety watchdog has done on-site inspections at local dairy product manufacturing lines, especially for products for children, and all the products have been tested as safe. The …

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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 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.”

People’s Daily editor Zhang Xinyu in a signed editorial has criticised the tactics used by  Fonterra and the New Zealand Government t0 minimise the DCD problem as “not smart.” Zhang notes the Ministry of Primary Industries insists that traces of DCD did not pose a threat to food safety – quoting MPI’s statement that on the highest levels detected, a 60-kg person …