3/3/2009 1:30:00 PM
Chinese Vice Minister of Commerce Zhong Shan said here Sunday the nation would face a "severe" situation in foreign trade this year against the backdrop of the spreading global financial crisis. "The financial crisis has not bottomed out yet, which may reduce the country´s in…
3/2/2009 1:20:00 PM
Although China had a series of infrastructure programs kick off this year, the economy could still expand in a cost-effective manner, Steven Kline, vice president of U.S. leading utility firm PG& E Corp., told Xinhua Sunday. In November, the Chinese government presented a 4-trillion yuan (585…
3/2/2009 9:58:00 AM
Premier Wen Jiabao´s online debut won the hearts of those in the cyber community thanks to his soothing and candid answers on Saturday.Wu Dingping, a blogger on Xinhuanet.com, said Wen´s participation in a two-hour discussion on the site, during which he answered 30 questions, had…
2/27/2009 9:53:00 AM
China´s National Bureau of Statistics (NBS) said in its annual report Thursday that the energy consumption per unit gross domestic product (GDP) fell 4.59 percent in 2008 as the government vowed to improve energy efficiency. The figure was slightly higher than the NBS´s previous e…
2/27/2009 9:50:00 AM
A coalition of textile and apparel manufacturers´ and importers´ trade associations has weighed in on a Consumer Product Safety Commission (CPSC) regulation covering lead in textiles, stating that "textiles are inherently lead free," and therefore should be exempt from t…
2/26/2009 1:21:00 PM
We finally got a good bounce in the stock market, but the commodities still look to be cautiously friendly. We have seen several dead cat bounces in the equity markets so this one is hard to get too excited about. After so many down days, we were due for a bounce, but the fundamentals and technicals …
2/26/2009 1:16:00 PM
OmniaLuo Inc, a China-based company engaged in the business of designing, developing, marketing and distributing fine women´s apparel under the brand name OMNIALUO, revised its previously issued full year 2008 guidance and also updated its open store count. OmniaLuo anticipates 2008 revenue…
2/25/2009 10:01:00 AM
The 10th China (Qingdao) International Textile Machinery Fair announced to change the exhibition dates to September 15-17 this year, at Qingdao International Convention Center, China.Since its launch in 2000, the exhibition is committed to serving the textile industry in North China and its dates wil…
2/24/2009 4:44:00 PM
Following the successful debut of the combined textile machinery show in 2008, the joint owners of ITMA ASIA + CITME announced today that they would be extending their cooperation for a second show in 2010. The exhibition will be held at the Shanghai New International Expo Centre from 22 to 26 June 2…
2/23/2009 3:08:00 PM
China sold abroad 185.1 billion U.S. dollars worth of textiles and clothing (including yarn, fabrics, textile products, garments and accessories) in 2008, a growth of 8.2 percent on the previous year, the General Administration of Customs said on Saturday. But the growth rate was 10.7 percentage poin…
