6/6/2008 2:46:00 PM
by Jürg Rupp, Executive Editor The World Trade Organization (WTO) treaty was originally implemented to ensure open borders around the world, though, as usual, not everybody is applying the same yardstick. However, the influence of the WTO seems to affect the cotton business. Direct government su…
6/5/2008 4:21:00 PM
After reaching seasonal highs over the last two weeks, China’s Keqiao Textile Index drifted lower during the week of June 2, pulled lower by every component aside from home textiles. The raw materials component saw its steepest decline in the history of the year-old index, down -5.5% from last week’…
6/5/2008 10:50:00 AM
Cotton acreage in Xinjiang Province is set to experience a major decline in the years ahead. According to the National Development and Reform Commission (NDRC), the province planted 1,782,600 hectares to cotton in 2007/08; but over the next 3 to 5 years cotton acreage should be reduced to less than 1…
6/4/2008 10:37:00 AM
Inflation might have shown a marked deceleration in May as food prices dropped, offsetting hikes in non-food prices, according to the China International Capital Corp. (CICC). The consumer price index (CPI), the main gauge of inflation, probably rose 7.7 percent to 8.1 percent year-on-year last month…
6/4/2008 10:34:00 AM
BEIJING, June 4 -- The recent earthquake will add to China´s inflationary pressure as the country is battling to contain rising prices, but the effect will be temporary, said a central bank research report released Tuesday. Meanwhile, the Chinese economy will not suffer a "hard landing…
6/3/2008 1:19:00 PM
When analyzing the impact of Wenchuan destructive earthquake on China’s national economy, the principal of National Bureau of Statistics said that though there were serious impacts on the economy of earthquake disaster areas, and as the affected areas accounted for relatively small proportion to the…
6/2/2008 2:50:00 PM
Akesu (Xinjiang Province) is a very important cotton-growing region located in the northern region of the Tarim Pendi Desert and is also the main ELS production area in China; however, cotton growth has been delayed due to early-season cool temperatures and excessive winds. Currently, the average hei…
6/2/2008 2:44:00 PM
The decoupling of economic performance between the U.S. and much of the rest of the world continues. As growth in the U.S. remains tepid early in 2008, output in much of the rest of the world—particularly in developing economies—is forecast to slow only slightly, racing ahead of expansion in the EU…
5/30/2008 2:21:00 PM
The Hebei cotton crop is developing well, boosted by above-normal moisture and excellent heat unit accumulation. Cotton plants are reported to be 13 to 18 centimeters in height with 5 to 8 leaves. Growers are actively managing the crop, spraying for cotton aphids, which have showed up in some fields,…
5/30/2008 2:19:00 PM
Henan is the second largest cotton-growing province in the North China Plain. A recent survey by the local NCCMS office revealed that 2008/09 cotton acreage in the Shangqiu area of the province declined over 30 percent from a year ago. 50 families that grow cotton participated in the study, which sho…