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India Attempts to Address China Trade Imbalance with Fresh Produce Exports

India has several times raised the issue of market access to China for agricultural products. India-China bilateral trade stood at $75.5 billion, but the ballooning trade deficit in Beijing’s favor, which rose to about $40 billion in 2011-12, has raised concerns among Indian authorities. “India has consistently been raising the issue of market access and

JiaDuoBao (Herbal Tea) is Best-Sold Canned Drink in China for 6th Straight Year

JiaDuoBao is topping the canned drink market through the first 9 months of 2012 with 11.12% of the total sales, followed by Coca Cola (10.27%) and Lulu brand almond milk (10.03%), according to data published by China Industrial Information Issuing Center (CIIIC). It’s the sixth year for JDB to top the best-sold canned drinks since

Carrefour (French Retail) Accused of Price Gouging in Northern China

A Carrefour outlet in the city of Taiyuan, capital of north China’s Shanxi Province, has been implicated in a price gouging scandal after an initial inspection by local pricing authorities, the city’s pricing bureau announced on Monday. The Carrefour outlet has been accused of allegedly displaying fake price tags and then charging consumers a higher

The Shanghai Shipping Exchange will Launch China’s First Dry Bulk & Oil Import Indices to the Ire of London’s BDI

The Shanghai Shipping Exchange will launch the country’s first dry bulk and oil import indices next week to track vessels carrying goods and energy to the world’s largest commodities consumer. The new dry bulk index would start on Wednesday based on strict price collection from charterers, brokers and ship-owners and focus only on China, exchange