Chinese exporters face increasing pressure working with America following the US Food and Drug Administration’s (FDA) new re-inspection fees that add the an increasingly complex regulation system, according to a consultant.
A lawyer pursuing a high-profile anti-trust case against four Chinese firms accused of fixing the price of vitamin C in the US says he expects the judge reviewing the case to make a ruling “any week now”.
Dietary supplement and functional food ingredients company, BI Nutraceuticals is adding a fifth mill at it’s Suzhou manufacturing capacity to boost output by 35 percent in response to customer demand.
Sweetener company PureCircle has raised $67.18m through share placing to invest in the development of its natural sweetener products made from stevia leaves.
Pure Circle, supplier of stevia-derived Reb A, is expecting to report a 420 per cent increase in profit in its full year results due to good reception for the first products launched in the US.
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Vietnam has announced that seafood exports have risen during the
first four months of the year, despite ongoing trading difficulties
with the US, Tom Armitage reports.
Thirty-two Chinese companies are to appeal against a ruling by the
US Department of Commerce which found them guilty of dumping large
quantities of shrimps onto the US market and imposed punitive
import duties.
Europe and the US continue to dominate demand in the €4.5 billion
flavours market, but Asia Pacific region is quickly catching up
thanks to high single-digit growth, reveal figures from a new
report.
Asian shrimp farmers have described a US ruling to increase tariffs
as 'regrettable' after increases of up to 112 per cent were slapped
on Chinese and Vietnamese producers' exports.
PT Indofood Sukses Makmur, the Indonesian wheat flour producer and
food company, has said it is expecting up to 5 per cent growth in
sales for 2004 in the same week that it launches a further bond
offering on the Surabaya Stock Exchange...
To counteract China's alleged abuse of patent protection the US
government is proposing legislation that would mean greater tariffs
on a variety of Chinese products including food and beverage items.
