New Zealand’s Fonterra Inks Agreement with the Bank of China to Establish US$216 Million Multi-Currency Facility

Dairy giant Fonterra said on Thursday [15 December 2016] that it had established a 1.5 billion yuan ($216.36 million) multi-currency facility with Bank of China. Fonterra, the world’s largest dairy exporter, said the facility will provide diversity in its yuan funding sources for its operations in China, its largest market…Full Article: The Global Times Dec

China Lifts Bans on US Beef

China on Thursday [22 September 2016] lifted a decade-plus ban on some beef products from the United States, according to agriculture and quarantine regulators. The ban on bone-in and boneless beef from cattle under 30 months old from the United States was removed effective immediately, said a statement released by the Ministry of Agriculture and