【财经看点】五人因快餐业过期肉事件被捕

【财经看点】五人因快餐业过期肉事件被捕

2014-07-23    07'00''

主播: Beijing Hour

2422 27

介绍:
Five detained over China expired meat scandal Anchor: Shanghai police have detained five people in a probe into a company that allegedly supplied expired meat to fast food chains including McDonald's and KFC. For more on the development of the country's latest food scandal, CRI's Ding Lulu has the story. Reporter: The Shanghai public security bereau says the five people from the Shanghai Husi Food include a quality manager. According to the bureau and Shanghai's food and drug administration, Shanghai Husi produced over five-thousand crates of meat products, including McNuggets, pork patties and beef steaks using out-of-date or moldy materials. Gu Zhenhua is the deputy director of Shanghai Food and Drug Administration. "The company had specific regulations concerning out-of-date foods. They also had clear records about them. But the regulations and the records all go against China's food safety laws." A new report suggests that some 43 percent of Chinese netizens commenting on the country's latest food safety scandal blame poor supervision. Their anger is directed at officials. Most netizens complained about authorities failing to discover the violation in their daily inspections of Shanghai Husi and its clients. The Husi products were sold to brands including McDonald's, KFC, Pizza Hut, Burger King, 7-Eleven and Dicos. McDonald's in Japan had sourced about a fifth of its Chicken McNuggets from Shanghai Husi and has been forced to halt sales of the product. Family Mart, one of Japan's largest convenience store chains, also had to withdraw products, including their Garlic Nugget and Popcorn Chicken, after it was discovered that the meat was from Husi Food. Isamu Nakayama is the president of the Family Mart chain. "I am deeply sorry for causing this trouble and worry to all those involved. We do not think that there is any problem with our operating structure but the very fact that this happened means that I think that additional checks should be put into place to help reassure consumers." Chinese regulators suspended operations of Shanghai Husi Food earlier this week. For CRI, I'm Ding Lulu. For more on this, CRI's Paul James spoke with Benjamin Cavender, Principal of China Market Research Group. Back to Anchor: Benjamin Cavender, Principal of China Market Research in Shanghai. Alibaba, banks launch online service to make loans to SMEs Alibaba has partnered with seven banks in launching online loan services to small and medium-sized trade companies. The banks in the partnership, including Bank of China, China Merchants Bank and China Construction Bank, will decide on their own whether to issue the loans, solely based on the companies' business performance data provided by Alibaba. If a company completes three deals in six months with a trade volume of over 100,000 dollars, it can qualify for a loan of up to 10 million yuan, or 1.6 million dollars. The loan's size will be pegged to the company's performance. Analysts believe the big data advocated by Internet companies has reshuffled the financial industry. Alibaba says the interest rate is set at 12 percent annually. China sees more capital inflows in H2 China's Foreign exchange regulator says the country may see more capital inflows through the rest of 2014 after experiencing some money flight in recent months. Guan Tao is the head of the department of international payments at the State Administration of Foreign Exchange. He says that China's rising foreign exchange reserves could stoke long-term inflationary pressures. "The domestic economy is stabilizing, which helps boost market confidence, and the foreign trade situation has started improving, and the interest rate differential remains. These factors could lead to pressure on capital inflows." He adds that the Renminbi exchange is now near equilibrium and two-way cross-border capital flows have become a new norm. The yuan has shown some signs of stabilizing in recent weeks but is still down 2.3 percent so far this year. Australia close to currency clearing deal with China Australia is close to signing a deal with China that would allow the establishment of an official clearing bank for the renminbi. Reserve Bank of Australia Deputy Governor Philip Lowe says the central bank is working with the People's Bank of China on a memorandum of understanding that would allow a clearing bank to be chosen "over (the) coming months". Lowe says official clearing banks are afforded more direct access to China's onshore renminbi and foreign exchange markets than other offshore institutions. China is Australia's single biggest export market with two-way trade flows of around 140 billion US dollars annually. Right now, less than 1 percent of Australia's merchandise trade with China is invoiced in renminbi. China to tackle 'fortress economies' in new super-region plan Media reports suggest China is readying an assault on the "fortress economies" of local governments by creating a super region around Beijing. The proposals are reported to be more aggressive than so far has been publicly revealed. Reuters cited sources saying the plans, expected to be considered by Cabinet on Wednesday, will be the first time that standards for customs, tax, pollution and industry have been unified across local government areas. Combining Beijing, Hebei province and Tianjin will create a region with a population of 110 million and an economy the size of Indonesia's.