6/11/2009 1:41:00 PM
China is loosening its grip on the use of foreign exchange to encourage domestic firms to make overseas investment, as the country sought to diversify the use of its huge forex reserves. The State Administration of Foreign Exchange (SAFE), the country´s forex regulator, said Tuesday in an o…
6/11/2009 9:37:00 AM
BEIJING, June 10-- China´s consumer price index (CPI), the main gauge of inflation, in May fell 1.4 percent year on year, the National Bureau of Statistics (NBS) announced Wednesday. This marks the fourth consecutive monthly decline since the index dropped 1.6 percent in February, the first…
6/11/2009 9:32:00 AM
BEIJING, June 10-- China´s producer price index (PPI),a major measure of inflation at the wholesale level, in May fell 7.2 percent year on year, the National Bureau of Statistics (NBS) announced Wednesday. The decline compared with a 6.6-percent drop in April and a 4.6-percent fall in the f…
6/9/2009 1:46:00 PM
NEW DELHI: India´s textile exports declined by about 2 per cent in 2008-09 to USD 21.75 billion due to slump in demand from global economies like the US and Europe which are reeling under the impact of financial meltdown. During 2007-08, the exports stood at USD 22.13 billion. "The de…
6/9/2009 9:40:00 AM
From January to April this year, China’s textile industry achieved fixed assets investment of RMB68.1b, up 1.6% year-on-year, and the growth rate dropped 16 percentage points year-on-year. The total investment in textile industry was RMB38.1b, with a slight decrease over the same period of last year…
6/5/2009 9:38:00 AM
Despite the fact that most industries are still suffering from the economic downturn, ShanghaiTex 2009 will be held from June 12th to 15th at the Shanghai New International Expo Center in Pudong, Shanghai. With a focus on innovation, environmental friendliness and energy saving, lots of new and high-…
6/4/2009 10:01:00 AM
Scientists at the Institute for Hygiene and Biotechnology at the Germany-based Hohenstein Textile Testing Institute GmbH & Co. KG have developed a method that enables manufacturers to test a fabric’s interaction with the wearer’s skin cells indicating its likelihood of causing an allergic r…
6/3/2009 10:32:00 AM
WASHINGTON -- The US government on Tuesday said the first meeting of the US-China Strategic and Economic Dialogue will be held here during the last week of July."The dialogue will focus on addressing the challenges and opportunities that both countries face in a wide range of bilateral, regional…
6/3/2009 10:27:00 AM
China´s National Development and Reform Commission (NDRC), the top economic planning body, said Tuesday that 1.52 million tonnes of state-reserved cotton would be sold on the domestic market to meet growing demand. The NDRC and the Ministry of Finance made the decision on May 20, but the co…
6/2/2009 11:29:00 AM
Although quite a lot of Chinese manufacturers have pending their machinery purchasing plans due to the financial crises, but the crises also is the chance for the one who has foreseen to upgrade their technologies / process / products to well prepared for the future challenges. Continuing its succes…
