BIZ BRIEFS

Nepali products in US

KATHMANDU: Nepali agricultural goods like tea, coffee, ginger, spices and turmeric are in demand in the US, said Dilli Banskota, general secretary of National Cooperatives Union Ltd. He had recently participated in a natural products’ trade fair in the US. — RSS

Chinese economy grows

BEIJING: China’s economy grew by an unexpectedly high 9.5 per cent in the first three months of this year from a year earlier, the government said warning that it needs to tighten controls on surging investment in new factories and real estate. — AP

New US bankruptcy code

WASHINGTON: Americans weighed down by credit card bills and other financial obligations will have a harder time wiping out their debt under a bankruptcy bill president George W Bush is poised to sign. — AP