10/23/2007 4:58:00 PM
China´s textile and apparel sector is full of complaints and pessimism over market conditions; but despite this prevailing attitude, its exports are continuing to expand and are doing so at a record pace. One driver keeping the sector competitive is the exchange rate. While the Chinese yuan…
10/23/2007 4:57:00 PM
The U.S. consumer is no longer the "center of the universe"; and as the U.S. economy nears a recession, the non-U.S. consumer is expanding his/her spending. One such market is South Korea, where September retail sales grew at an outstanding rate. Retail sales at the three leading department…
10/22/2007 4:47:00 PM
Macao has been growing at great speed over the last few years, led by its booming gaming and tourism industries. The city, which is actively developing its hospitality facilities and services, is also emerging as a new and attractive choice for global business conventions and international trade show…
10/22/2007 4:44:00 PM
Three Chinese associations yesterday announced entry barriers for textile exporters to the European Union (EU) for next year, as the country tries to control the growth of exports and reduce trade friction with its major partner. Companies in eight categories of textile products for export to the EU …
10/22/2007 4:43:00 PM
China exported 47.4 billion U.S. dollars of cotton products in the first eight months in 2007, up 32.29 percent over the corresponding period last year, said the industry association here Thursday. Of the total, cotton textile export reached 11.8 billion dollars, up 10.76 percent while cotton apparel…
10/19/2007 11:10:00 AM
The global economy will slow its continued expansion due to the recent financial turmoil trigged by the U.S. subprime mortgage difficulties, according to the World Economic Outlook released by the International Monetary Fund (IMF) on Wednesday. "Credit conditions have tightened as increasing con…
10/19/2007 11:08:00 AM
Clothing enterprises of Jiangxi Province mainly manufacture garments for international companies. However, these enterprises have started producing for local brands and now the region can boast of having 80 apparel brands. In the first eight months this year, the clothing output of the area has reach…
10/18/2007 3:16:00 PM
American businessman John Elassir is optimistic about his car perfume company´s performance in China. "The Chinese are buying more expensive cars, so they must need car perfume of better quality," Elassir said, at the country´s largest trade fair which is currently being…
10/18/2007 11:14:00 AM
The unusually wet and cold period that persisted during the September 26 through October 10 time period in the North China Plain has taken a toll on the quality of the cotton crop. The rain and cold temperatures triggered boll rot, lowered yields and significantly impacted cotton grades. Clear, but c…
10/17/2007 3:35:00 PM
Globecot and CN Cotton held a Cotton Conference in Jinan, China during October 9 -11. This is the first of a series of highlights from the conference. A top National Development and Reform Commission (NDRC) official spoke at the Globecot/CN Cotton Annual Cotton Conference in Jinan, China; and in his …
