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Fran O'Sullivan

Fran O’Sullivan is Managing Director of NZ INC. She is a former editor of the National Business Review and a prominent columnist for the New Zealand Herald, where she writes on business, politics, and international affairs, and manages the annual high-profile Mood of the Boardroom project. Fran took up the position of Editorial Director – Business for NZME in April 2015.

NZ dairy ‘falls from grace’, European brands booming; – People’s Daily Online

The impact of the detection of chemical residues in dairy products originating from New Zealand found in Chinese market is still spreading as consumers turn to European brands. help writing an essay "DCD Affair"  Peoples Daily – which is the Chinese Communist Party mouthpiece reports –  although New Zealand insists dicyandiamide (DCD) is less toxic than table salt, reporters found that many consumers still have doubts about New Zealand milk powder. And urchasing agents are getting extremely busy withEuropean milk powder business. According to Taobao, China’s largest e-commerce platform, in the last seven days, New Zealand milk powder traded indexwere down 24.1 percent. On Jan. 27, the index once declined to zero, which means a marked decline in sales of New Zealand milk powder. Many foreign milk powder sellers are posting the official statement on their home pages, claiming they don’t sell products of the Fonterra Group. A Taobao shopkeeper told reporter, despite having put on New Zealand officials’ statement on the webpage, recently the business has been “down” a lot. After training,the shop now requires customer service staff to be patient to explain to consumers and clear their doubts. At the same time, some milk powder brands from Europe began to expand their market share in China. According to media reports, recently, DM Stores, a large supermarket chain in Germany implemented restrictions for the purchase of infant formula; each customer can only buy up to four boxes each time. At the same time, the Netherlands requires each customer can only buy a jar of milk powder. Affected by the “restriction”, many European milk powder e-shops are considering raising prices. A Taobao shopkeeper advises reporter “to take advantageof the opportunity and buy more. If the restrictions are put into effect for a long time,price will continue to rise.”

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People’s Daily editorial “New Zealand milk powder found with DCD, who has learned the lesson?” captured Chinese official thinking on DCD affair

People’s Daily editor Zhang Xinyu in a signed editorial has criticised the tactics used by  Fonterra and the New Zealand Government t0 minimise the DCD problem as “not smart.” Zhang notes the Ministry of Primary Industries insists that traces of DCD did not pose a threat to food safety – quoting MPI’s statement that on the highest levels detected, a 60-kg person …

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NZ Govt assures Chinese consumers NZ dairy products safe; apologizes for confusion over DCD

The New Zealand Government has issued an assurance to all Chinese consumers that  NZ dairy products are safe and apologised for  “confusion” surrounding the suspension of DCD use in fertilisers on NZ farms. The apology was conveyed by New Zealand ambassador Carl Worker at a press conference at the NZ embassy in Beijing late Monday (NZ time). Ambassador Worker also told the press …

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China authorities will “seal and destroy” any NZ-sourced dairy products containing DCD as investigations intensify in China

"DCD Affair"  Chinese authorities have launched an investigation in three Chinese cities spelling out they will “seal and destroy” any dairy products which  contain residues of dicyandiamide (DCD). The investigation comes as China’s quality watchdog issues a “Please Explain” to its NZ counterparts requesting a “detailed risk assessment report” on NZ dairy products after  the “potentially harmful” chemical residue was found …

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Obama seals 11th hour Budget deal with Republicans to avert fiscal cliff

President Barack Obama and congressional Republicans have reached a deal to avert the fiscal cliff on the last day of 2012. mobile phone tracking uk The upshot is income-tax rates will rise, unemployment benefits will be maintained and tax breaks for families of modest means. The deal also delays for two months part of the $US110 billion in spending cuts …

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Legendary Julian Robertson joins Twitter? Or is this a fake?

Legendary Tiger Fund founder “Julian Robertson” has apparently joined Twitter and is already making a splash with pungent comments on the US fiscal cliff. Problem us – is this Julian for real or a fake Twitter account?  Some on Twitter say they have contacted his office to be told it is a fake. If so, pity because the comments are …

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Race for WTO top job heats up – Five official candidates including NZ’s Tim Groser; Indonesia nomination still to complete paperwork

Two more candidates for the top World Trade Organisation job tossed their hats into the ring yesterday joining NZ’s Tim Groser and candidates from Costa Rica and Ghana. Groser’s candidacy – first revealed by this journalist in the NZ Herald in August – was expected. After four years as trade minister, Groser has polished his political skills and developed a …

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Finally – Tim Groser bid for WTO top slot confirmed by NZ Govt

Prime Minister John Key said the Government has nominated Trade Minister Tim Groser for the position of Director-General of the World Trade Organisation. “Nominations have been called for by the end of December, and I can confirm that Mr Groser’s name has been put forward, with the New Zealand Government’s blessing,” says  Key. “Given Tim Groser’s experience in trade, and …

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