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Use Free Online College Algebra Lessons To Improve Your Grades January 2 , 2014 | Author: Jeannie Chapman | Posted in Education
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HOHHOT, Nov. 13 (Xinhua) -- Inner Mongolia Yili Industrial Group, one of China's largest dairy providers, has signed a deal with U.S. milk cooperative Dairy Farmers of America (DFA) to set up a world class dairy plant in Kansas.

The joint venture has a registered capital of 100 million U.S. dollars with Yili holding 30 percent of the stake, according to a bulletin published by the Shanghai-listed firm on Thursday,

The new plant plans on producing 80,000 tonnes of dairy powder a year.

Zhang Jianqiu, CEO of Yili, said bridging American dairy farmers with Chinese consumers, the project was a win-win deal. For the Yili, it improves dairy making technology and quality management.

Yili reaped net profit of 2.3 billion yuan (374.6 million U.S. dollars) in the first half of this year, a jump of 31.93 percent year on year, ranking first among Chinese dairy producers, according to a company report in August. The dairy company's operating revenues during the period reached 27.3 billion yuan, up 13.59 percent year on year.

(To stay up to date with the latest China news, follow XHNews on Twitter at http:www.twitterXHNews and Xinhua News Agency on Facebook at http:www.facebookXinhuaNewsAgency.)

TAIPEI, March 2 (Xinhua) -- Taiwan's economic recovery was tepid in January, as the overall business indicator flashed blue for an eighth month, new data showed Wednesday.

Color codes are used by the island to gauge economic health, with red signaling economic boom, green for steady growth and blue for recession. Yellow-red light and yellow-blue light are transitional.

The score for the business indicator was 14, flat from a month earlier, remaining at the lowest level since February 2012, according to a report unveiled by the island's development council.

Among the nine components, eight flashed blue or yellow-blue. Meanwhile, the leading, coincident and lagging sub-indices all dropped from the previous month.

The council forecast that the island's economy will be strongly impacted by weak global demand, as world economy may continue to see slow recovery this year.

Taiwan's economy expanded by 0.85 percent year on year in 2015, marking the lowest pace in six years, according to its statistics authority.

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