12/9/2008 1:28:00 PM
November 25, 2008 (China)Intertextile Shanghai Home Textiles 2009 will return from 25 - 27 August 2009 at the Shanghai New International Expo Centre, Shanghai, China. The show is one of the most important annual home textile trade events in the world - second in size only to its parent show Heimtexti…
12/8/2008 4:47:00 PM
China´s decision makers gathered here on Monday to determine economic work for 2009 amid efforts to offset adverse impacts of global financial crisis and maintain stable and sound economic growth. Analysts expected this year´s meeting to work out specific strategies and resolution…
12/5/2008 4:49:00 PM
BEIJING, Dec. 5 -- China and the United States on Friday said they would inject 20 billion U.S. dollars for trade finance to buoy up the global commerce. "The two export-import banks (in United States and China) will make available an additional 20 billion U.S. dollars for trade finance, particu…
12/3/2008 3:37:00 PM
BEIJING, Dec. 2 -- Chinese economy is forecast to grow by more than 9 percent next year, according to an annual blue paper released by the Chinese Academy of Social Science on Tuesday. Despite the huge uncertainty in 2009, China could still achieve a 9-percent growth as long as it unveils timely and …
12/2/2008 4:55:00 PM
China´s export volume is expected to achieve a growth rate of around 15 percent in 2009 despite the impact of the financial crisis and global economic downturn, a trade expert with the Ministry of Commerce (MOC) has said. "It is true that coastal provinces such as Guangdong have been f…
12/2/2008 10:24:00 AM
BEIJING, Dec. 1 -- China´s manufacturing activity will slow further before rebounding next year, investment bank Merrill Lynch said in a research note. Data released on Monday showed the purchasing managers´ index (PMI) of the manufacturing sector plunged to a record low of 38.8 i…
11/27/2008 1:23:00 PM
China, the world´s largest cotton consumer, reduced imports by 30 percent in October from a year earlier as demand for clothing and textiles slowed, according to China Cotton Association estimates. It imported 96,200 metric tons, down 30 percent from October 2007, the Beijing-based group sa…
11/26/2008 4:29:00 PM
BEIJING, Nov. 24 -- The China Association of Small and Medium Enterprises (CASME) has initiated a 3-billion-yuan (439.2 million U.S. dollars) venture investment fund as a step to help the country´s SMEs raise capital, the body announced in its website on Monday. The fund will be established…
11/26/2008 4:22:00 PM
About 4,000 cotton ginners across the country may go on an indefinite strike to protest against high cotton minimum support prices for 2008-09 (October-September), Dilip Patel, president, All Gujarat Cotton Ginners Association said On Thursday. On September 1, government had announced minimum support…
11/25/2008 1:37:00 PM
Largest of its kind in China will bring 11,000 tons of fibers per year to meet growing demand in automotive safety airbags INVISTA, one of the world’s largest integrated fibers and polymers businesses, opened its new airbag fiber manufacturing plant in Qingpu District, Shanghai. The new facility, th…