9/28/2007 5:53:00 PM
China´s 2007 cotton harvest got underway, with a significant amount of "euphoria" evident throughout the country that output could soar to 8.0 million tons. Much of the logic behind such an optimistic forecast can be found in the lack of exact statistics from which to work. The in…
9/27/2007 2:36:00 PM
Gubanova Lvanova´s shopping list in China is surprisingly detailed: tiles for the toilet made in south China, silk flowers from east China and furniture made in China´s Xinjiang Uygur Autonomous Region. Because of people like her from oil-rich Kazakhstan, the wholesale market of c…
9/27/2007 2:31:00 PM
-- Deutsche Bank lifts China´s GDP growth prediction from the previous 10.7 percent and 9.7 percent to 11.4 percent and 10.2 percent in 2007 and 2008 respectively. Deutsche Bank chief economist in China Ma Jun said they lifted the figures because China´s GDP growth in the second q…
9/27/2007 11:13:00 AM
EUROPE´S largest clothing retailer, Spain´s Inditex, is looking to expand in China, attracted by the rising spending power of consumers in the country.The firm, whose chains include Zara and Bershka, will focus its growth in Hong Kong, Beijing and Shanghai, Inditex chief executive…
9/26/2007 10:42:00 AM
On September 20, ITMA 2007 closed its doors in Munich. Rarely, if ever, are so many things perfect like they were at this 15th ITMA. In total, 1,451 companies from 38 countries - in displays covering 102,000 square meters of exhibition space - presented their latest developments and technical innovat…
9/25/2007 2:54:00 PM
Measures will be taken across China to stabilize food prices by ensuring a plentiful supply for the remaining months of the year, particularly during the coming two holidays, the nation´s top economic planner announced on Friday. The price hikes of foodstuffs, which were partly due to short…
9/25/2007 2:51:00 PM
CCSE electronic prices showed a declining trend during the last two weeks on weak demand. Sept. Raw Silk closed 187580 yuan with delivery volume at 1374 hands (824.4 tons). Sept. Dried Cocoon closed 62280 yuan with delivery volume at 436 hands (2180 tons). All aregies are in warehouses for next week’…
9/24/2007 10:19:00 AM
From January to August, urban investment in fixed assets hit 6,665.9 billion yuan, a rise of 26.7 percent year-on-year. Of the total, state -owned and state controlled enterprises invested 2,877.7 billion yuan, surging 16.7 percent; real estate development enterprises valued at 1,427.7 billion yuan, …
9/24/2007 10:17:00 AM
The September NCMMS Survey of Spinners reveals that the average cotton inventory position has further declined to only 31.47 days of consumption, which represents a four-day reduction from the August survey. Mill inventories are also at their tightest level since September 2006, with Henan and Shangh…
9/21/2007 10:55:00 AM
Trade between the Chinese mainland and Hong Kong soared to 123.37 billion U.S. dollars in the first eight months, up 22.5 percent from the same period last year, according the Ministry of Commerce. Mainland exports to Hong Kong jumped 23.1 percent to 115.38 billion U.S. dollars and imports climbed 15…
