Think tank predicts record 2014 grain harvest
China will post another bumper grain harvest this year, after subsidies and other incentives encouraged farmers to expand acreage for the crops, according to forecasts by an official think tank published on Thursday. The expected strong harvest has led to a lower estimate for imports amid a record level of stock and moderate growth in consumption, said the ChinaNational Grain and Oils Information Center. Holdings Ltd, China’s leading online discount retailer for brands, sawits first-quarter net revenues rise 125.9 percent year-onyear to reach $701.9 million, according to the company’s first-quarter report released onWednesday. The number of Vipshop’s active customers increased 165.1 percent to 7.4 million. It had totaled only 2.8 million during the same period last year. in talks with Greentown’s three shareholders, according to two statements from the companies to theHong Kong Stock Exchange on Thursday. No agreement has been signed, they said.
since 2013, Morgan Stanley said.