10/15/2010 10:14:00 AM
Demand for cotton in China, the world´s largest buyer and grower, outstripped domestic production by 3.6 million tons in 2009-2010, widening a supply deficit, the China Cotton Association said on Monday.The gap increased by 2.6 million tons from the previous year, the group said, citing Zha…
10/13/2010 1:35:00 PM
China´s exports increased 25.1 percent in September from a year earlier to $144.99 billion, but the pace of growth slowed from August´s 34.4-percent surge, the General Administration of Customs (GAC) said on Oct 13.The country´s imports rose 24.1 percent year-on-year to …
10/11/2010 10:32:00 AM
China would continue reform of the formation mechanism of its currency exchange rate to improve its flexibility, but will do so in a gradual way, Zhou Xiaochuan, Governor of the People´s Bank of China, China´s central bank, said here on Sunday. Westerners prefer Western medication…
10/8/2010 3:20:00 PM
Following the stream of textile recovery, Mesdan of Italy is pleased to confirm an increasing demand in its product range which culminated during the ITMA Asia - CITME 2010 exhibition in Shanghai. Mesdan was established in Italy in 1952, in a short time the company gained its international fame for…
10/8/2010 10:18:00 AM
China´s growth is a very important force in the global recovery, World Bank Group President Robert B. Zoellick told reporters here on Thursday in response to a Xinhua question. Zoellick made the remarks during a press briefing ahead of the Bank´s annual meeting this weekend. Asked…
9/30/2010 9:54:00 AM
Several decades have passed since the first man-made leather was made. Multitudes of materials including resins of PVC, acrylic resin, PU and differential fibers of regular chemical fibers and superfine fibers have been applied to the manufacturing of synthetic leather. After several decades of devel…
9/29/2010 10:01:00 AM
Textile exports may witness a lower growth in the second-half of the year as rising production and labor costs will hurt margins, said industry experts. "Compared with the first seven months, the increase in garment exports will be much lower for the remaining months due to shrinking margins,&qu…
9/28/2010 9:48:00 AM
Since the beginning of 2010, production, domestic sales and export of China textile industry all maintained a strong growth momentum. Nevertheless, this momentum is accompanied with a host of uncertainties such as the RMB appreciation pressures, surging cotton prices and possible fluctuation of expor…
9/27/2010 2:29:00 PM
Lenzing AG intends to issue a corporate bond with a volume of up to EUR 120 mill and a projected term to maturity of seven years. The offer is intended to attract private as well as institutional investors. The appointed joint lead managers of the bond issue are UniCredit Bank Austria and Raiffeisen …
9/27/2010 2:27:00 PM
Jiangsu Xinhu Textile Technology Co., Ltd has just signed an investment program with the local government of Jinhu, Jiangsu province. Xinhu Textile Technology is planning to invest 6 Billion CNY on a construction of a textile industrial park. The park covers a total area of 10 thousand acres involvin…
