GFM Network News


The arrest in Vancouver of Huawei chief financial officer Meng Wanzhou, shown here with Russian President Vladimir Putin at an investment forum in Moscow in October 2014, has further dampened hopes of revived commodity flows between the U.S. and China. (File photo: Reuters/Alexander Bibik)

Canadian canola runs into Chinese delays after Huawei arrest

Winnipeg/Beijing | Reuters — A political dispute between China and Canada over the arrest of a Huawei executive is slowing canola shipments through Chinese ports and causing some importers to hesitate to buy from their biggest supplier, according to interviews with a dozen traders. Since Canadian authorities arrested Huawei chief financial officer Meng Wanzhou in […] Read more

China culls 200,000 pigs due to African swine fever – official

China | Reuters – China, the world’s top pork producer, has culled 200,000 pigs so far following outbreaks of highly contagious African swine fever in the country, a Chinese animal health official said on Friday. While that represents only a tiny portion of the nearly 700 million pigs slaughtered in China each year for sale as pork, restrictions […] Read more





(Dave Bedard photo)

China signals to state giants: ‘Buy American’ oil and grains

Singapore/Beijing | Reuters –– China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday. China pledged at the weekend to increase imports […] Read more