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Question of the Month: Chinese Purchase of Smithfield

2013-07-23 23:00:00| Corn & Soybean Digest

Without a doubt, the most popular issue I have been asked about this month, and perhaps this year, by e-mail and at face-to-face and virtual seminars has been my thoughts on the Chinese proposed purchase of Smithfield Foods Inc. headquartered here in Virginia. My response is, Welcome to the wild world of global economics. Road Warrior read more

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U.S. citizen detained amid Chinese pharma investigation

2013-07-23 14:49:45| Biotech - Topix.net

An American has been detained in connection with investigations sparked by an unfolding corruption scandal in the pharmaceuticals industry in China, a U.S. embassy official said on Tuesday.

Tags: chinese investigation citizen pharma

 
 

Greenpeace reveals Chinese state coal company's ruthless water grab

2013-07-23 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Greenpeace: A state-owned Chinese coal company is overexploiting groundwater and illegally dumping toxic industrial wastewater, highlighting the need to curb the country's burgeoning coal industry, Greenpeace East Asia has revealed. In the report 'Thirsty Coal 2' [1], Greenpeace East Asia reveals that the Shenhua Group, the world's biggest coal producer by volume, is exploiting water resources in Inner Mongolia at a shocking scale. Shenhua's operations have sparked social unrest and caused severe ecological...

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Chinese minister confirms carbon tax is on its way

2013-07-22 13:40:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: China's strategy for combating climate change will at some point include a tax on greenhouse gas emissions, according to the country's finance minister. Lou Jiwei told delegates at China-US Strategic and Economic Dialogue last week that China would expand environmental taxes to include carbon "in due time", according to news agency Thomson Reuters Point Carbon. The annoucement follows the publication of a document earlier this year by the Ministry of Finance detailing a new tax regime designed...

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NFU: Halt Smithfield Purchase by Chinese Company

2013-07-22 02:00:00| ThePigSite - Industry News

US - National Farmers Union (NFU) President Roger Johnson sent a letter last week to US Treasury Secretary Jack Lew, chairman of the Committee on Foreign Investment in the United States (CFIUS), in opposition to the proposed acquisition of Smithfield Foods, Inc, by Shuanghui International, a Chinese firm.

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