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Chinese Inflation Heats Cooking Oil Business As Jin Long Yu Increases Prices

Aug 9th, 2011 | By ChinaRetailNews.com Editor | Category: Business

Yihai Kerry, parent company of the Chinese edible oil maker Jin Long Yu, has confirmed that the company plans to formally increase the prices of some edible oil products by about 5%.

Tags: Chinatex, COFCO, cooking oil, cost inflation, CPI, edible oil, inflation, Jin Long Yu, Jiusan Group, National Development and Reform Commission, NDRC, oil, soybean oil, vegetable oil, Yihai Kerry
Posted in Business | No Comments »

China's Midea To Acquire 32.5% Stake In Egyptian Miraco

May 18th, 2010 | By ChinaRetailNews.com Editor | Category: Electronics

Chinese electronics and home appliances maker Midea has announced that it plans to invest CNY392 million to acquire a 32.5% stake in Egypt's Misr Air Conditioning Manufacturing Company (Miraco) from United Technologies Corporation.

Tags: Egypt, Fang Hongbo, Guangdong, investment, Midea, Miraco, National Development and Reform Commission, NDRC, UTC
Posted in Electronics | No Comments »

Six Home Appliances Products Require Energy Efficiency Mark In China

Nov 11th, 2008 | By ChinaRetailNews.com Editor | Category: Electronics

The China National Development and Reform Commission has published the fourth issue of its energy efficiency labeling catalog, which says that six kinds of home appliances should be sold with energy efficiency label.

Tags: air-conditioning, computer monitors, copier, domestic appliances, energy efficiency, home induction cookers, lable, National Development and Reform Commission, NDRC, refrigerators, storage-type electric water heaters, washing machine
Posted in Electronics | No Comments »

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