Tag "Kína"

Ducks against locusts

China is planning to send up to 100,000 ducks to Pakistan to help the country contain a huge plague of locusts – origo wrote, after Asia Times. Locusts have erupted...

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Brazil Beef Firms Face Reduced Chinese Demand Due To Coronavirus

China’s beef imports will fall in the first half of 2020 due to fallout from the coronavirus outbreak, which is complicating the circulation of people and trade globally, Rabobank said...

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Beer consumption drops in China – outage due to virus – reports the world’s biggest beer brewer

Anheuser-Busch InBev warned on Thursday that its first-quarter earnings could be down 10 percent due to the coronavirus. The announcement was particularly badly received by investors, the stock price fell...

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Tesco has completely withdrawn from China

Britain’s largest supermarket chain, Tesco, has withdrawn from the Chinese market – origo wrote. He sold the remaining 20 percent of the chain to his local partner, China Resources Holdings....

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PepsiCo acquires a company in China

PepsiCo has signed an agreement to acquire Be & Cheery, a Chinese snacking company. The deal will total 705 million USD – the companies announced. Be & Cheery sells mainly...

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China Warns Of Sustained Virus Impact On Poultry, Eggs Supply

China’s supply of poultry and egg products is likely to be hit in the second and third quarters as the coronavirus outbreak has had a severe impact on the industry,...

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These industries are very hard hit by the corona virus

The effects of the Chinese coronavirus are now felt worldwide, but there are companies and industries that are particularly uncomfortable with the economic consequences of the disease – origo wrote....

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The price of pork increased significantly in China

In China, pork prices rose 116 percent in January, compared to a year before. According to the Chinese Bureau of Statistics, the rise in prices contributed to the 20.6 percent...

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Asia: The epicentre of innovation

A study by Lux Research claims that China, Japan and South Korea spent USD 613 billion on research and development in 2018; with this combined budget these countries finished 2nd,...

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China’s inflation is at its an almost nine years peak

Inflation in China rose to an almost nine-year high in January as a result of rising demand due to the Lunar New Year holiday and the coronary epidemic that hit...

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LDC and Luckin Coffee are to build a coffee roasting plant

Dutch agricultural commodity merchant Louis Dreyfus Company and Chinese coffee firm Luckin Coffee have started building a joint coffee roasting plant in Xiamen, China. The plant – which is located...

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US Import Duties – China halves additional duty on certain US products

China will cut customs duties on certain US products by half – the Chinese state news agency sannounced in a statement Thursday. The measure, which will take effect on February...

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The launch of the new iPhone may delay due to the corona virus

In recent days, a growing number of experts believe that the global role of the Chinese supply companies in the global supply chain will affect the coronavirus companies – mfor.hu...

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Alibaba’s Freshippo sales soar during virus outbreak

While a number of multinational chains including Starbucks, Ikea, Levi’s and Apple are shutting stores, sales are soaring for Alibaba’s fresh-food chain Freshippo in the wake of the coronavirus outbreak....

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The epidemic is a major challenge for tourism

The coronavirus epidemic, which can have economic effects beyond tourism, is a major challenge for tourism – Halmai Péter – university professor told M1 news channel. According to the economist,...

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Several large companies operating in China have introduced precautionary measures

A number of international corporations operating in China have introduced precautionary measures to curb the spread of the new coronavirus outbreak, according to reports released by the companies. Facebook has...

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Hungarian travel agencies hope to avoid travel restrictions during the high season

Many Chinese tourists have traveled home for the Lunar New Year and the European high season begins in April. Restrictions on the coronavirus are currently hitting Chinese domestic tourism –...

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The coronavirus has a demonstrable effect on tourism in Hungary

The coronavirus is already having a noticeable impact on Hungarian tourism: from Monday, organized tour groups will not leave for their European cruise from China, and hundreds of Chinese guests...

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Starbucks keeps half of its Chinese cafés closed

Starbucks closes nearly half of its Chinese units to protect its workers from the disease, in line with government efforts to fight the coronavirus – origo wrote after BBC. One...

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US pork exports to China could accelerate

Just one day after the US and China signed the first-round trade agreement, the US Department of Agriculture released a report that said US farmers could benefit particularly from the...

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Luckin Coffee enters the food and beverage vending machine market

Qian Zhiya, CEO of Luckin Coffee, recently announced that China’s most popular coffee chain will enter the food and beverage vending machine market – origo, wrote. Zhiya said that this...

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China does not increase its import quotas for cereals

China will not increase its import quotas for cereals, which could make it difficult to comply with a sub-agreement expected to be signed next week to close the US-China trade...

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The Brits also enter the Chinese pork export competition

The Asian country is severely affected by African swine fever, a quarter of the herd has been killed or had to be slaughtered, leading to a surge in pork prices,...

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Chinese retail sales increased significantly

In November, retail sales and industrial production in China increased with the highest annual growth of the past five months, according to a report from the Beijing National Bureau of...

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The price of Chinese pork increased significantly

Pork prices in China jumped sharply in November, pushing inflation to an 8-year high – according to origo. African swine fever is putting the world’s second largest economy in an...

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China is preparing to exempt certain US agricultural products from additional duties

China is preparing to exempt a certain amount of US soybeans and pork from surcharges imposed during the trade war between the two countries – the Xinhua State News Agency...

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Walmart China to open 500 new stores

US retailer Walmart is planning to launch 500 new outlets in China within five to seven years. The expansion will more than double the firm’s presence in the territory in...

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Amazon opens pop-up store on China’s Pinduoduo until year-end

Amazon.com Inc on Monday said it will open a pop-up store on Chinese e-commerce platform Pinduoduo Inc that will run until the end of December and carry a selection of...

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Amazon opens pop-up store on China’s latest e-commerce platform

In December Amazon opened a pop-up store on Pinduoduo, the latest Chinese e-commerce platform. Then pop-up store was open until the end of December and offered about 1,000 different products...

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Alibaba set a record

On the occasion of Singles Day China’s Alibaba reached record sales – 268.4 billion yuan (11,577 billion HUF) worth of products were sold, which is a 26 percent increase, compared...

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