11/12/2008 4:08:00 PM
BEIJING, Nov. 11 -- The People´s Bank of China, the country´s central bank, said here Tuesday it would guide policy banks to make additional 100 billion yuan (14.7 billion U.S. dollars) of loans by the end of 2008. The money would go to the construction of key projects and the pur…
11/11/2008 11:54:00 AM
BEIJING, Nov. 10 -- China´s producer price index (PPI), rose at a slower annual rate of 6.6 percent in October, the National Bureau of Statistics (NBS) announced on Monday. The rise in factory gate prices was down from 9.1 percent in September and the 12-year high of 10.1 percent in August.…
11/10/2008 1:41:00 PM
BEIJING, Nov. 9-- Although China doesn´t celebrate Christmas, Lou Qijun is one of the many Chinese toy and gift manufacturers who anticipates a visit from Santa Claus every year in the form of seasonal orders from the Europe and North America. Not so this year, says Lou, chairman of Yiwu Qi…
11/7/2008 10:57:00 AM
Returning for its second year as an independent show 21 －23 October 2008, Yarn Expo Autumn attracted nearly 3,000 visitors from 43 countries. This show is better than any others we‘ve found because only trade buyers come here,said Mr Serdar Sagiroglu, a board member with Haksa Yarn, from Turkey. At…
11/6/2008 7:33:00 PM
Faced with declining demand in India and abroad, the highly export weighted and labour intensive textile and clothing industry has urged Government for proper policy support. In a statement here, Mr. R.K. Dalmia, Chairman, Confederation of Indian Textile Industry (CITI) stated that the textile and cl…
11/5/2008 1:42:00 PM
China´s manufacturing contracted as the worst financial crisis since the Great Depression eroded export demand. The Purchasing Managers´ Index fell to a seasonally adjusted 44.6 last month from 51.2 in September, the China Federation of Logistics and Purchasing said today in an e-…
11/5/2008 1:28:00 PM
Cotton prices continued to decline in October. The Cotlook A Index has decreased continuously since the beginning of the season, and is now 29% lower than it was in early August 2008. Global cotton mill use is projected to decline by 3% in 2008/09, to 25.5 million tons. In particular, mill use in Chi…
11/5/2008 1:18:00 PM
President Hu Jintao will attend the G20 summit on the global financial crisis slated for next Saturday in Washington DC, the Foreign Ministry announced on Tuesday."At the invitation of US President George W. Bush, President Hu Jintao will attend the G20 summit on financial markets and the world …
11/4/2008 2:32:00 PM
BEIJING, Nov. 3 -- The government should find the right balance between curbing inflation and maintaining a stable economic growth, Premier Wen Jiabao said on Saturday. "We must be aware that this year would be the worst in recent times for our economic development," Wen said in an article …
11/4/2008 2:23:00 PM
BEIJING, Nov. 3 -- China´s manufacturing contracted as the worst financial crisis since the Great Depression eroded export demand. The Purchasing Managers´ Index fell to a seasonally adjusted 44.6 last month from 51.2 in September, the China Federation of Logistics and Purchasing …
