12/21/2010 9:51:00 AM
China´s consumer price index of November rose by 5.1 percent year-on-year, the fastest clip in 28 months, giving rise to greater concern over tightening measures from both consumers and analysts.The main gauge of inflation climbed by 0.7 percentage point from October´s 4.4 percent…
12/21/2010 9:49:00 AM
The Lenzing Group, world leader in man-made cellulose fibres, is to increase its fibre prices at beginning of 2011 by at least 10%, depending on the product. Price increases will take place in Lenzing´s Textile Fibers as well as in Nonwovens businesses. The company said today that the decis…
12/21/2010 9:46:00 AM
On December 9th, Rieter will host a ceremony to celebrate the start of construction of the second plant at Changzhou. This opens a new chapter of Rieter´s activities in China. More than 100 distinguished guests from local authorities, association leaders and customers will be invited to att…
12/20/2010 10:04:00 AM
Clariant Business Unit Textile Chemicals announces price increases for its ranges of textile chemicals and textiles dyes of up to 15%. The price rises will take immediate effect."Continuing shortages in raw materials are creating an on-going situation of rising feedstock prices for our Business.…
12/20/2010 9:58:00 AM
After kicking off a 600,000-ton spinning program, Shenghong group, the textile magnate of Jiangsu province, is about to make another investment---600,000-ton functional fiber program. The new program involved 4.5 billion CNY of investment. Stage one program---120,000-ton PTT program has already been …
12/17/2010 10:02:00 AM
Where is the Chinese economy going? In the era of globalization, this is a question for China, and also something for the world to consider. The just-ended Central Economic Work Conference in Beijing attracted worldwide media attention with the BBC describing it as a meeting of great importance. Ind…
12/16/2010 10:17:00 AM
BEIJING - A leading Chinese government think tank in a research report issued Wednesday predicted that China´s economy in 2010 would grow 10 percent year-on-year with gross domestic product (GDP) reaching 37 trillion yuan ($5.56 trillion).In its annual Blue Book of China´s Society…
12/13/2010 2:41:00 PM
China will enhance and improve macro-economic regulation to ensure stable and healthy economic development next year, said a statement released Sunday after the annual Central Economic Work Conference. Next year´s macro-regulation should basically be proactive, stable, prudent and flexible,…
12/10/2010 10:52:00 AM
According to the official statistics, in Jan – June 2010, total export and import value of textile machinery was USD 2.659 billion, increased by 51% compared to the same period last year (2009). Among that, the export value accounted for USD776 million while the import value was USD1.883 billion, sh…