21-12-15 American Avian Flu Affecting Exports to China Sanderson Farms, the third largest poultry supplier in the US has seen profits crash by 71% on the back of an import ban from China. The US has seen an import ban on poultry put in place this year after an outbreak of the Avian Influenza virus. …
18-12-15 FDA reforms encourage pharmaceutical manufacturing China’s Food and Drug Administration Summary have published long awaited reforms designed to accelerate the regulatory review of new drugs and increased options for manufacturing those already approved. The new policy expands the types of drugs that qualify for the fast tracked review process as well as providing …
2015-12-17 Trade-weighted index to keep yuan stable China aims to maintain a stable yuan by valuing it against a basket of foreign currencies to create a flexible exchange rate system, rather than pegging only to the USD. The People’s Bank of China has released a trade weighted index, with the US dollar, euro and the …
The Communist Party of China (CPC) on Monday unveiled its major economic tasks for 2016, the first year of the country’s 13th Five-Year Plan. The overall theme is boosting growth within a proper range for the country. Increased urbanisation and Hukou reform: To reduce housing inventories, more migrant rural workers should be issued with urban-residency permits, …
16-12-15 Japan to go back to nuclear Japanese nuclear reactors are set to restart and increase percentage renewables in their energy make up. Japanese natural gas imports will drop to 77 million mt by 2020 from a record high of 86 million mt in 2014. Kyushu Electric restarted some of its reactors after a 23-month …
2015-12-15 NSW government rejects TAFE funding claims The NSW government has rejected claims nearly half of the state’s TAFE funding will need to come from the private sector next year. A leaked government document has reportedly shown that direct state government funding for TAFE’s income will be reduced to half in 2016, with the rest …
Michael Boddington has twenty five years of Agribusiness experience in Asia Pacific Region. He graduated from Roseworthy Agricultural College in 1987 with a Bachelor degree in Science in Agricultural Studies and has a Master degree in Business Administration from the University of New England. Since 1988 Michael has been highly engaged in the intensive livestock …
14-12-15 Fonterra predict milk price revival Fonterra has expressed signs of revival in the dairy industry with projections of NZ$4.60 per kg of milk solids vs only NZ$3.85 from a projection just earlier in the season. Despite a fall in Fonterra’s benchmark Global Dairy Trade Auction, Fonterra remains bullish for the rest of the …
On the 14th of November AustCham Beijing hosted the Hon. Adam Giles, Chief Minister for the Northern Territory, at a lunch with representatives of Australian and Chinese industry. The Chief Minister spoke of the potential for investment into the Territory, highlighting its rich endowment of natural resources waiting to be exploited. Chief Minister Giles also …
Can you hear that rock? That jingle bell rock? Can you smell the tinsel, the baubles and cinnamon in the air? Are you ready for the Christmas time queues, last minute present shopping and rolls and rolls of present wrapping? If not, you will be, as the festive season will soon be upon us! When it …