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A new method to keep cut vegetables fresh for about two weeks will lead to the export of vegetables from China to Japan, reported Nikkei Business Daily. Chiyoda Busan has developed the technique, which involves cooling vegetables immediately after harvesting and keeping them at low temperatures during processing and distribution. The Japanese company is setting […]

At the end of March, about 21m hectares of farmland, 10 per cent of China’s total, was affected by drought, according to a report by China’s Anti-drought and Anti-flood Headquarters. Worst affected was Jilin province in northeast China, where around 2m hectares were suffering from the worst spring drought for 20 years and the sowing […]

Statistics compiled by the Korea Trade-Investment Promotion Agency showed that direct Korean investment into China in 2001 totalled US$2.15bn, 44 per cent more than in the previous year, said the Korean Herald. This put Korea in fifth place behind Hong Kong, the US, Japan and Taiwan in terms of investment, while the rate of growth […]

Japanese companies were increasing their investments in China, attracted by lower costs and growing domestic sales, a researcher with the Japan External Trade Organisation (Jetro) told South China Morning Post. Japanese investment in China reached ￥109.9bn (US$840m) in the financial year ending March 2001, 31 per cent higher than in the previous financial year. The […]

Utilised foreign direct investment (FDI) into China in the first quarter of 2002 totalled US$10.11bn, 27.5 per cent more than in the same period last year, according to figures from the Ministry of Foreign Trade and Economic Co-operation. Contracted FDI rose by 11.43 per cent to US$17.85bn. The ministry did not give figures for March […]