China

China

Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties. The day after the grain terminal deal was announced, the ILWU and the Pacific Maritime Association, which represents employers in negotiations with the union on a coastwide container contract, issued a joint statement that the parties had reached a tentative agreement on health benefits. The joint release was but the latest indication that these talks are proceeding much less contentiously than negotiations in 2002 or 2008.
03 Sep 2013
The Carlyle Group and The Townsend Group have partnered with Shanghai Yupei Group to invest in 17 warehouses in China, representing a combined equity commitment of $400 million.
Poultry processing
03 Sep 2013
The U.S. Department of Agriculture’s Food Safety and Inspection Service has reaffirmed the equivalence of the food safety inspection system for processed poultry in China...
02 Sep 2013
The HSBC China Purchasing Managers’ Index, a composite indicator designed to provide a snapshot of operat