China & Singapore – week roundup the latest on China’s export, disputes and Del Monte Pacific.
China is poised to post its first slowdown in
export growth in three months, a result that may understate the strength of demand after fake reports inflated figures in the year-earlier period. Growth from last month through April 2014 will be “depressed” because of a high basis for comparison, Credit Agricole CIB says. Overseas
shipments probably grew 5.5 percent in September from a year earlier… [
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Read More BANDAR SERI BEGAWAN, Brunei — Secretary of State John Kerry encouraged Southeast Asian leaders on Wednesday in their efforts to resolve maritime disputes with China based on international legal principles, rather than by making individual deals as China would prefer… [
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Del Monte Pacific Ltd. (DELM), the Philippines-based pineapple, tomato and fruit juices company, agreed to buy the consumer food business of closely held U.S. foodmaker Del Monte Foods Co. for $1.68 billion to expand in the world’s biggest economy. The deal between the two unaffiliated companies gives the Asian firm rights to the Del Monte, Contadina, S&W and College Inn food brands in the U.S., the San Francisco-based company said in a statement today… [
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Tags: China, China M & A, Legal News, Singapore, Weekly Industry News