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Shrimp new headache for Chinese importers


Chinese seafood importers are frustrated after shrimps from Ecuador tested positive for the coronavirus, and many are halting frozen seafood imports amid mounting fears of plunging market demand and policy uncertainties.


Tangshan's listed firms say operations unaffected by 5.1-magnitude earthquake

A-share listed companies in China's "steel city" - Tangshan, Hebei Province - report their operations were not impacted by a 5.1-magnitude earthquake and the many aftershocks earlier Sunday morning.
Source: Globaltimes.cn | 2020/7/13 0:19:50

China to set up team to crack down on capital market irregularities

A meeting by the Financial Stability and Development Committee under the State Council, China's cabinet, decided over the weekend to create a coordination work team to clamp down on capital market irregularities, as part of a broader effort to ensure a sound and stable equity market that has recently soared.
Source: Global Times | 2020/7/12 22:13:40

Shanghai ranks third in shipping world backed by high-end services: industry index

For the first time in six years, Shanghai has become one of the world's top three shipping centers, an industry report showed.
Source: Global Times | 2020/7/12 21:28:40

High pork price benefits hog breeders amid ASF concern, heavy rainfall

Fears over African Swine Fever (ASF) and hog supply shortages in China caused pork prices to continue to rise, benefiting hog breeders.
Source: Global Times | 2020/7/12 21:18:40

China hoping for a healthy bull run, but not irrationality: analysts

Chinese mainland stocks might correct after a one-week, incredible run that sent the benchmark Shanghai index to nearly 3,400 points, financial experts and securities analysts predicted, following remarks by the banking and insurance regulator that China will crack down on illegal speculative activities to avert asset bubbles.
Source: Global Times | 2020/7/12 21:13:40

Shrimp new headache for Chinese importers

Chinese seafood importers are frustrated after shrimps from Ecuador tested positive for the coronavirus, and many are halting frozen seafood imports amid mounting fears of plunging market demand and policy uncertainties.
Source: Global Times | 2020/7/12 19:43:40

Infection spike makes HK economic recovery uncertain: official

A new spike in COVID-19 infections in Hong Kong has made the southern Chinese city's economic recovery uncertain, Hong Kong Financial Secretary Paul Chan Mo-po said Sunday, calling for flexible responses and confidence among its residents.
Source: Global Times | 2020/7/12 19:18:40

Chinese refrigerator sales soar 700% in Spain

Chinese exports of refrigerators soared amid the global pandemic, as overseas customers rushed to stockpile food due to the COVID-19 outbreak threatening supply chains and citizens avoiding going out.
Source: Global Times | 2020/7/12 18:53:41

China's AI enterprises surge in H1

The number of enterprises with business related to artificial intelligence (AI) went up in the first half of the year, data up to Thursday shows.
Source: Xinhua | 2020/7/12 17:12:09

Chinese self-driving startup tests unmanned vehicles without safety officers

Chinese autonomous driving startup WeRide obtained a license on Sunday to test its self-driving car in a designated area of South China's Guangzhou province without a safety officer, the first to do so in China.
Source: Global Times | 2020/7/12 15:23:40

Unmanned vehicle and drone delivery will be common in 3-5 years: Meituan

Unmanned vehicle and drone delivery will be common in the future, said a chief scientist of Meituan, an industry giant in online food delivery, during the 2020 World Artificial Intelligence Conference.
Source: Global Times | 2020/7/12 14:08:40

20 tons of pig feet appear on beach in S.China's Guangdong Province

Police are investigating a case in which dozens of tons of pig feet were found washed up on a beach in South China's Guangdong Province on Saturday. The incident has sparked safety concerns among Chinese netizens amid the coronavirus outbreak and African swine fever.
Source: Global Times | 2020/7/12 13:53:40

Trade dispute case irrelevant to China's market economy status: ministry

China has halted a dispute at the World Trade Organization (WTO) with the EU over anti-dumping, which is not relevant to China's market economy status, said the Ministry of Commerce (MOFCOM) on Saturday.
Source: Global Times | 2020/7/12 11:17:10

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