1/22/2009 11:19:00 AM
James A. Morrissey, Washington CorrespondentIn a move supported by US textile and fiber manufacturers, the US Trade Representative (USTR) has excluded rayon fiber and yarn products from the list of European imports subject to punitive tariffs. Rayon staple fiber, which had been on the list for tariff…
1/21/2009 1:30:00 PM
The textile and apparel industry in India tots up to around US $52 billion, with exports accounting for $20.5 billion and the rest of the pie accounted for by domestic markets. According to a recent survey, apparels purchasing accounts for nearly 17 percent of the Indian consumer, with foods and groc…
1/21/2009 1:20:00 PM
BEIJING, Jan. 19 (Xinhua) -- Chinese Premier Wen Jiabao on Monday called for more steps in the first quarter this year to reverse the trend of economic slowdown as soon as possible and realize a good start for the whole of 2009. Wen made the remarks during the second plenary meeting of the State Coun…
1/20/2009 2:53:00 PM
The International Textile Manufacturers Federation (ITMF) has released the 2008 edition of its biennial International Production Cost Comparison – the only consolidated source for benchmarking the yarn and fabric production costs prevailing in 8 of the world´s most important textile manuf…
1/20/2009 10:59:00 AM
INVISTA, the largest spandex and nylon producer in the world and owner of many leading brands including the LYCRA fibre brand, has appointed Christine Do Phan as Marketing Communications Director for its Apparel business in Europe, Middle East and Africa (EUMEA). Christine brings extensive marketing …
1/20/2009 10:44:00 AM
On January 14, the first round of Sino-Chilean FTA talks on investment was launched in Santiago, the capital of Chile. During the talk, the two sides briefed each other on the situation of their own investment management system as well as the bilateral and multilateral investment agreements each of t…
1/19/2009 4:30:00 PM
The production of traditional and modern style carpets in the fast growing Turkish city of Gaziantep is about 300 millions square meters in 2008. The process includes state of the art spinning and weaving machines, much of them from France. Gaziantep, the Turkish cluster for carpet manufacturing - Tu…
1/19/2009 4:25:00 PM
BEIJING, Jan. 16 (Xinhua) -- China´s gross domestic product (GDP) is expected to drop to 8.4 percent this year from last year´s 9.1 percent, but the country remains an engine for East Asia and even for global growth, according to a forecast report released by United Nations Develo…
1/16/2009 10:43:00 AM
The year-on-year growth of foreign direct investment (FDI), one of the driving forces of the economy, fell for the third straight month in December, the Ministry of Commerce (MOC) said yesterday.FDI for the whole of last year, however, grew 23.58 percent to $92.4 billion, thanks to the robust growth …
1/16/2009 9:48:00 AM
Wool sales resume on Wednesday (14 January) following the Christmas recess and about 15,000 bales will come under the hammer. Sales resumes amid uncertainty about the effect of the downturn in the global economy on the wool market. The market indicator gained 14% during November and December on the b…
