Global 

China ignoring Donald Trump’s demand to purchase more farm goods as US-China trade crumbles

Now, however, China are believed to be refusing to make large-scale agricultural purchases until it has clarity on the US Entity List, which left Chinese firms such as Huawei subject to import blacklists, freezing them out of vital US-made technology. Mexico is doing great at the Border, but China is letting us down in that they have not been buying the agricultural products from our great Farmers that they said they would. Hopefully they will start soon! — Donald J. Trump (@realDonaldTrump) The South China Morning Post reported on Tuesday…

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Global 

Donald Trump accuses China of ‘letting us down’ by not keeping G20 promise to buy US farm goods

US President Donald Trump is accusing China of “letting us down” by not promptly buying more US farm products.“They have not been buying the agricultural products from our great Farmers that they said they would,” the president said on Twitter. “Hopefully, they will start soon.”After meeting with Chinese President Xi Jinping late last month, Trump said China had agreed to buy more US agricultural products as part of a ceasefire in the two countries’ trade war.The truce suspended US plans to… Source link

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China 

Donald Trump pushed Xi Jinping to commit to buying US farm goods at G20, but Xi avoided firm pledge

In the 80-minute summit between US President Donald Trump and his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Osaka last month, Trump pushed for a Chinese commitment to make large-scale purchases of US agricultural products.However, Xi made no specific commitment during the meeting, according to a source who was briefed on the high-stakes meeting, and no purchases have been recorded in the week since.This account reflects the diverging statements made by each side… Source link

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Vietnam 

Exporters of farm produce face tougher standards in China – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Speakers chat during a break at a meeting on imports and exports of agroforestry products between Việt Nam and China held yesterday in HCM City. — VNS Photo Bồ Xuân Hiệp HCM CITY — Vietnamese exports of agricultural products must meet food safety, quality and traceability requirements to China which now requires that exports be sent through official channels only, speakers said yesterday at a meeting held in HCM City.  Trần Thanh Nam, deputy minister of Agriculture and Rural Development, said that Vietnamese producers must change their mindset about China and improve production to meet new market requirements. He noted that…

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Vietnam 

Vietnamese farm products to be displayed in France – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A booth showing farm produce from Việt Nam at the Rungis International Market in Paris in 2018. — Photo VNA HÀ NỘI — A week of events showcasing Vietnamese agricultural products is scheduled to take place at the Rungis International Market in Paris, France from June 23 to July 2, according to the Hà Nội People’s Committee. The event will attract the participation of nearly 20 enterprises that will introduce typical and popular products of Việt Nam including fresh and dried fruits, seafood, vegetables, canned drinks, processed farm produce, spices, tea, coffee and cashew nuts. The committee…

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Home 

Indexes fall in China, Hong Kong as nationwide audit jolts drug firms while farm stocks are pounded by pests and swine fever

Hong Kong and China stocks continued to get hammered Tuesday, with pharmaceuticals hit hard by a broad audit of drug makers. Agricultural shares were pounded by worries about the pig-killing African swine fever, as well as a pestilent worm that is eating corn and other crops.Hong Kong’s Hang Seng Index declined for the fifth consecutive day, as the city’s benchmark dropped 0.5 per cent to 26,761.52, retreating 2.3 per cent in five days. The Hang Seng China Enterprises Index, which tracks the… Source link

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China 

Why China’s dependence on farm subsidies is an obstacle to a trade war deal with the US

In the first of a series on the trade war, Keegan Elmer looks at why China is resisting US demands to cut back on agricultural subsidies.For Han Yahui in the farming town of Ulanhot in Inner Mongolia, the opening of China’s soybean market to imports in the late 1990s was a harbinger of things to come.“I witnessed how our industry [almost] collapsed because of cheap imports,” Han said.Han runs a rural cooperative specialising in organic farming of wheat, soybean, and rice on about 133 hectares … Source link

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Vietnam 

Vinamilk builds organic milk farm in Laos – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

      VIENTIANE The first stage of a project to establish a US$500 million organic milch cow farming complex started in the Lao province of Xiengkhouang late last week. Financed by the Lao – Jagro Development Xiengkhouang Co (Lao – Jagro), in which Vietnam Dairy Products Joint Stock Company (Vinamilk) holds a 51 per cent stake, the first phase costs $120 million. It will cover 5,000ha and house 24,000 milch cows. Once operational, it will generate thousands of jobs for local residents. The second stage will span between 15,000ha…

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Vietnam 

Thanh Hóa to have $162.6 million dairy cow farm  – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Prime Minister Nguyễn Xuân Phúc at the groundbreaking ceremony of a high-tech concentrated dairy cow farm cluster project in Thanh Hóa Province. — VNA/VNS Photo Thống Nhất THANH HÓA — TH Group on Wednesday started construction of its high-tech concentrated dairy cow farm cluster project in the central province of Thanh Hóa. The groundbreaking ceremony was attended by Prime Minister Nguyễn Xuân Phúc. Located in Yên Mỹ and Công Bình communes of Nông Cống District, the VNĐ3.8 trillion (US$162.6 million) project is set to house 20,000 cows. The farm cluster will use modern technology to help…

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Home 

SCMP wins Citi’s 2019 Journalistic Award with story about Sichuan’s cockroach farm, complete with swallowing a deep-fried insect

South China Morning Post has won Citi’s 2019 Journalistic Excellence Award with its story about a facility in Sichuan province that farms 6 billion cockroaches for medicinal and environmental use. Liu Yujing’s article, first published in June 2018, involved a visit to Xichang, where the insects are being bred in a two-storey building to be turned into ulcer-curing drugs. Six tonnes of cockroaches are killed with heat, and their extracts turned into 600,000 bottles of healing potion every day… Source link

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