5/23/2008 2:28:00 PM
Structural reforms in China, including trade liberalization, have resulted in annual real GDP growth rates in excess of 10% over the past 4 years, rising per-capita income and poverty reduction. In the process, China has become the world’s third largest trader. Since its previous Review in 2006, Chi…
5/23/2008 2:24:00 PM
China´s April textile and apparel exports increased 11.3 percent from the previous year to 14.3 billion U.S. dollars, while total September 2007 through April 2008 cumulative exports were up 17.2 percent to 113.9 billion USD. The growth is being fueled by shipments to Europe and an increase…
5/23/2008 2:22:00 PM
Effective June 1, Polymer Group Inc. (PGI), Charlotte, will implement a 5- to 7-percent price increase on polypropylene (PP)-based materials sold in North America, and a 9-percent price increase on all materials sold in Latin America. The company cited escalating oil-based raw material, production an…
5/22/2008 2:04:00 PM
Textile industry of Pakistan is in a dilemma whether to focus on domestic market whose yarn and fabric consumption is stagnant, or to give attention to the international market which is undoubtedly a slow and gradual process. Although yarn consumption and imports in countries like India, Bangladesh a…
5/22/2008 2:02:00 PM
X-Rite Incorporated the world leader in color management and measurement technologies, along with recently acquired Pantone Inc, the global authority on color and provider of professional color standards for the design industries, introduced ColorMunki, a breakthrough in both price and performance. B…
5/19/2008 10:23:00 AM
Beijing, China, 15th May, 2008 - Oerlikon China today donated one million RMB to the China Red Cross in an effort to save life and help the needy victims in Sichuan.The earthquake on May 12th, 2008, in Sichuan Province was the worst in three decades in China, with a death toll near 15,000 and leaving…
5/19/2008 9:56:00 AM
The slowdown in production of cotton fabric continues in China. The recent difficulties facing fabric manufacturers detailed here have tightened margins, reduced profitability, and even threatened viability of many in the industry. After expanding by over 23% per year from 2004-2006, growth slowed to…
5/13/2008 4:25:00 PM
"The textile tax rebate will not be lowered," said Du yuzhou, president of the China National Textile and Apparel Council, at a national textile meeting on May 9, according to today’s Securities Times. Du made this remark at a time when the mood in the textile business is decidedly gloomy,…
5/13/2008 4:22:00 PM
China´s April cotton imports surged to 263,400 tons or 1,209,871 480-pound bales, up 23.53 percent from March and 22.5 percent from a year ago. Total September 2007 through April 2008 cotton imports increased 18.74 percent to 1,588,200 tons or 7,296,556 480-pound bales. Source：Globecotnews…
5/12/2008 3:26:00 PM
High inflation and fixed-asset investment growth are China´s biggest economic concerns, prompting authorities to persist with a tight monetary policy, Vice-Premier Wang Qishan said on Friday. In an address to the Lujiazui Forum in Shanghai, Wang also said the government would take specific …
