4/22/2008 3:29:00 PM
Amid the all discussion about the inherently inflationary pace of economic expansion going on in China , apparel prices continue to fall year-over-year. Apparel prices fell for the eleventh straight month in March, shedding 1.4% from last year. Aside from brief gains at the end of 2006, clothing pric…
4/22/2008 3:26:00 PM
In March 2008, China ´s retail sales jumped 21.5 percent from the previous year to 835.5 billion yuan, the fastest pace of growth on record. The strong growth came on the heels of sales expanding at their slowest pace in four months last month. Retail sales increased 21.2 percent in January…
4/21/2008 3:00:00 PM
Exhibitors at China´s largest trade fair may have one more question to ask when their paper-thin profits are further squeezed by a fast-rising yuan. "Are you willing to pay by euro?" Lu Jia, a sales manager from a local leather manufacturer at the Canton fair, ventured the final …
4/21/2008 2:52:00 PM
With just a few months to go before the next ITMA ASIA + CITME, to be held in Shanghai from July 27 to July 31, 2008, it appears Italy’s textile machinery manufacturers will be among the most numerous and well represented, testifying the Country’s leadership position among textile technology suppli…
4/18/2008 11:40:00 AM
After two seasons, it has become quite clear that Chinese farmers regard the government cottonseed subsidy scheme as an important incentive to plant cotton. Under the subsidy plan, the government will, in effect, cover the cost of high-quality cottonseed to the growers with the purpose of stimulating…
4/18/2008 11:19:00 AM
Global demand to grow more food and fuel through higher-yielding crops is causing demand for fertilizer to soar along with prices. Potash is a fertilizer that is used in cotton, corn and soybean production. In 2006, U.S. growers used an estimated 310,000 tons of potash in cotton acreage, 1.901 millio…
4/18/2008 11:17:00 AM
Globecot and its joint venture partner, CN Cotton, are introducing a series of reports that will review the current conditions of China´s textile operations and how the industry is rapidly attempting to adjust business practices in order to be profitable again. China´s textile ind…
4/11/2008 10:24:00 AM
Overseas exhibitors from the CEMATEX countries and Japan will present a powerful display of latest textile manufacturing technology at ITMA ASIA + CITME 2008 in July. With all 126,500 sq. metres of stand space now fully booked, the exhibition, to be held from July 27 to 31, is guaranteed to be China’…
4/10/2008 11:26:00 AM
China´s State Council, the country´s Cabinet, has approved a new bonded zone in Tianjin, a further move to boost the opening-up strategy in the northern coastal municipality. The bonded zone covers an area of 195.63 hectares at the Airport Industrial Park, an official from the Tia…
4/9/2008 10:42:00 AM
Jiangsu Province is the second largest yarn producer in China, producing 20.2 percent of all Chinese yarn output or 3,829,000 tons in 2006/07. This production level makes the province almost equal to that in Pakistan and makes developments within its textile sector have ramifications for all of the C…