12/22/2008 3:18:00 PM
BEIJING, Dec. 19 -- China has started construction on a gas pipeline from the western Ningxia Hui Autonomous Region to the southern Guangdong Province, China National Petroleum Corporation (CNPC) told Xinhua Friday. The eastern part of the second west-east gas pipeline, was approved by the country&am…
12/19/2008 10:58:00 AM
BEIJING, Dec. 18-- China´s exports for the Christmas season have taken a hit amid the financial crisis, the General Administration of Customs said on Thursday. From January to October, Christmas-related exports stood at 1.64 billion U.S. dollars, up just 8.3 percent year-on-year. The growth…
12/18/2008 1:54:00 PM
Intertextile Beijing Apparel Fabrics, running 29 - 31 March 2009 at the China International Exhibition Centre, provides textile manufacturers and traders a means to enter what is expected to remain a strongly buoyant market in China.China´s government is offering tax and fee breaks to the t…
12/17/2008 3:31:00 PM
China´s urban fixed asset investment was up 26.8 percent year-on-year at 12.76 trillion yuan(1.87 trillion U.S. dollars) in the first 11 months of this year, the National Bureau of Statistics (NBS) said on Tuesday. The growth rate was 0.4 percentage points lower than the first 10 months but…
12/16/2008 1:58:00 PM
ALGIERS -- The Organization of the Petroleum Exporting Countries (OPEC) is ready to stage a new round of aggressive oil output cut at its upcoming 151st extraordinary ministerial meeting in the North African country of Algeria, in a bid to buttress the declining oil prices shadowed by global economic…
12/15/2008 5:01:00 PM
International Textile Manufacturers Federation (ITMF) releases trade report of second quarter of 2008. The 2nd quarter in 2008 saw a significant rebound in global textile production compared to the first quarter of 2008. Yarn output was higher in all regions except in North America. Especially China’…
12/15/2008 2:38:00 PM
China´s industrial growth saw a pronounced slowdown, rising 5.4 percent year on on-year in November and plunging 11.9 percentage points from a year earlier.This is a continuation of slump since September as the global credit squeeze and declining orders began to bite, according to figures r…
12/12/2008 1:16:00 PM
After a period of crisis Iranian textile industry observed a good momentum due to the modernization and development of whole industry. The importance of textile and clothing in the Iranian economy is unquestionable (12,3% of total national production and 14,8% of total workforce). Meanwhile local tex…
12/11/2008 11:05:00 AM
Exports and foreign direct investment (FDI) both fell in November because of shrinking demand overseas, sending fresh signs of economic weakness and prompting calls for more measures to bolster the economy.Exports dropped 2.2 percent to $114.99 billion last month, the first monthly decline in seven y…
12/11/2008 11:01:00 AM
BEIJING -- China´s producer price index (PPI), a measure of inflation at the factory level, decelerated sharply to an annual rise of 2 percent in November, the National Bureau of Statistics (NBS) announced on Wednesday, prompting worries about the fast-slowing economy and rising deflation r…
