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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 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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People’s Daily editorial “New Zealand milk powder found with DCD, who has learned the lesson?” captured Chinese official thinking on DCD affair

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 …

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Face to Face – China: Andrew Johnson

Face-to-Face is a new feature from newzealandinc.com where we sit down for a chat with young business leaders from around the globe. We’ll be running a special series of these from China where we talk to young New Zealanders doing big things on the ground here. Next in our Face to Face – China series is Andrew Johnson. An editor …

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NZ Govt assures Chinese consumers NZ dairy products safe; apologizes for confusion over DCD

The New Zealand Government has issued an assurance to all Chinese consumers that  NZ dairy products are safe and apologised for  “confusion” surrounding the suspension of DCD use in fertilisers on NZ farms. The apology was conveyed by New Zealand ambassador Carl Worker at a press conference at the NZ embassy in Beijing late Monday (NZ time). Ambassador Worker also told the press …

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China authorities will “seal and destroy” any NZ-sourced dairy products containing DCD as investigations intensify in China

Chinese authorities have launched an investigation in three Chinese cities spelling out they will “seal and destroy” any dairy products which  contain residues of dicyandiamide (DCD). The investigation comes as China’s quality watchdog issues a “Please Explain” to its NZ counterparts requesting a “detailed risk assessment report” on NZ dairy products after  the “potentially harmful” chemical residue was found in them. …

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Face to Face – China: Mark Tanner

Face-to-Face is a new feature from newzealandinc.com where we sit down for a chat with young business leaders from around the globe. We’ll be running a special series of these from China where we talk to young New Zealanders doing big things on the ground here. binary options trading signals Continuing on with the Face-to-Face: China series, we catch up …

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Day 6: Worker Bees

Today was Friday in Beijing, the final day of the working week and the last full-day of our work program until we reach Shanghai on Monday. First up was a meeting with Nicola Morris, General Manager of Fonterra’s farm operations here in China. She walked us through exactly how New Zealand’s largest company was getting on over in China. The …

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Day 5: It’s simple economics

Early start today with breakfast at 6:15am, something I’m going to have to get used to! Today is the Economist’s China Summit for 2013. Taking place for the third time in as many years, the conference this year is themed around the recent leadership change that took place in China and the greater implications it could have both domestically and internationally. Boasting …

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ANZ Morning Brief: Dairy price outlook

DAIRY PRICE OUTLOOK: GlobalDairyTrade prices registered their third increase in a row overnight signalling further possible upside to Fonterra’s 2012-13 milk price of $5.50 per MS. The details were good with whole milk powder (WMP) prices playing some catch-up to skim milk powder, which have been leading most other dairy markets higher. Overall, WMP powder prices increased by 2.8 percent, with …

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