2/1/2008 1:04:00 PM
As the Bush administration enters its final year, US Trade Representative Susan B. Schwab has outlined an agenda that calls for approval of free trade agreements (FTAs), continuing pursuit of the Doha Round of trade liberalization negotiations and addressing trade problems with China, “with dialogue…
2/1/2008 10:37:00 AM
Hanesbrands Inc. ended 2007 strongly, with net income in the final quarter of 2007 more than double that of the prior year. Overall, however, full year earnings were down by 39%.“We capped a successful first year, in which we exceeded our financial goals, with solid performance in the fourth quarter…
1/31/2008 2:37:00 PM
Consumption replaced investments as the most powerful engine of China´s economic in 2007 for the first time in seven years, a senior official with the National Bureau of Statistics (NBS) said on Wednesday. China´s gross domestic product (GDP) grew 11.4 percent year-on-year to 24.6…
1/31/2008 2:29:00 PM
China´s consumer prices may grow 6.5 percent in January, roughly the same as the December rise, Chen Xiwen, director of the Office of the Central Leading Group on Rural Work, said Thursday at a press conference of the State Council. Source: Xinhua
1/31/2008 2:26:00 PM
Youngor Group Co., Ltd., China´s leading textile manufacturer, has acquired XinMa Apparel International Limited for 120 million U.S. dollars, the company announced on Wednesday. Under the acquisition, Youngor receives XinMa´s 14 manufacturing bases in Sri Lanka, the Philippines an…
1/31/2008 2:14:00 PM
With a view to further promoting the economic and trade cooperation and exchange between China and Europe, as well as to making Chinese brands better known among both the trade visitors and consumers in the European Union, the Ministry of Commerce of People’s Republic of China will hold the European…
1/30/2008 2:12:00 PM
China´s GDP posted 11.2 percent year-on-year growth during the fourth quarter of 2007, which was a slight reduction from 11.5 percent gains during the third quarter. China is attempting to "cool" its economy, while at the same time maintain strong growth in face of a U.S. slowdown…
1/30/2008 2:04:00 PM
In a new, larger facility, Intertextile Beijing Apparel Fabrics 2008 will feature some of the biggest textile suppliers from around the world 27 – 29 March 2008, at the China International Exhibition Centre in Beijing. The venue is conveniently located and modern and leaves room for the popular even…
1/30/2008 10:08:00 AM
WASHINGTON - The International Monetary Fund (IMF) lowered its forecasts on Tuesday for US and global economic growth in 2008 but expected that the US economy will avoid recession.US growth is projected by the IMF to slow to 1.5 percent this year, down from 2.2 percent last year and 1.9 percent estim…
1/25/2008 10:54:00 AM
Carbon fibre and fabrics maker Hexcel Corporation, USA, has reported strong growth in sales and operating income for the three months and full year ended December 31, 2007.Sales in the final quarter advanced to $317.6 million, 20.8% higher than a year ago, while full year sales were 11.6% higher at $…
