Ürümqi-Almaty Freight Train Service Ships Ketchup and Christmas Trees to Kazakhstan

A freight train loaded with commodities, jars of ketchup and Christmas trees left the West Railway Station in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region, on Wednesday [30 November 2016] morning, heading for Alma-Ata, the largest city in Kazakhstan. This marks the 100th train journey since the freight service started in late May,

Chinese Ketchup Producer, COFCO Tunhe Co., Announces Losses of ~US$120 million in 2012

COFCO Tunhe Co Ltd, a major supplier of ketchup, estimated that its losses were between 700 million yuan ($112.54 million) and 770 million yuan [US$123.7 million] in 2012. According to an announcement from the company on Tuesday, a global oversupply of ketchup and the high sugar prices were the reasons behind the loss. Four of