4/10/2007 1:53:00 PM
If the Vietnamese Government and businesses take advantage of the opportunities afforded by WTO membership, and overcome the challenges this status presents, the country will likely have an export turnover of US$100 billion in the next four or five years, said a trade official. Deputy Minister of Tra…
4/9/2007 3:02:00 PM
Quotas set on China’s exports to EU’s market less rapidly filled in March with a lower threat of disruption in deliveries before the end of the year, as a result. The way China allocates its European quotas is clearly improving this year, with lower prices and higher fill rates. Shipments of dresse…
4/6/2007 11:33:00 AM
Government is examining proposals to upgrade more overland trading routes with China and other countries on India´s eastern border.There are three overland routes that are connected with China - Nathula Pass near Sikkim, Lipulekh in Uttrakhand and Shipkula in Himachal Pradesh.Currently expo…
4/6/2007 10:34:00 AM
Zhang Li, inspector of SDRC Economic Operations Bureau recently projected, in 2007 the rapid growth of the development of China’s textile industry since joining the WTO will return to a steady growth, the growth rate will drop slightly. She expected that the output value would increase by 20 percent…
4/5/2007 1:23:00 PM
The ‘11th Five-Year Plan development guidance of Chemical Fiber Industry’ (hereafter the ‘guidance’) gave a comprehensive summary of the achievements and problems in the development of China’s chemical fiber Industry in the ‘10th Five-Year Plan’ period. It made depth analysis on the changes in…
4/4/2007 10:49:00 AM
The largest cotton textile producer in China, Weiqiao Textiles, is also the largest textile company in China that is publicly traded in Hong Kong. This allows for a full reporting of its results, which indicated a very successful period. Total revenues soared 45.9 percent to 13.584 billion yuan. Cott…
4/3/2007 4:25:00 PM
The Chinese government expresses strong dissatisfaction about the U.S. decision to impose penalty tariffs against the imports of Chinese coated free sheet paper, Wang Xinpei, spokesman for China´s Ministry of Commerce, said early Saturday. The Department of Commerce of the United States on …
4/3/2007 10:43:00 AM
The main driver of the continued expansion in global apparel consumption and in cotton use has been the unparalleled growth in consumer spending in Asia, led by China and India. In 2007, over 75 percent of China´s ever-expanding textile and apparel output will be consumed internally, and th…
4/2/2007 2:50:00 PM
Trade and Industry Minister Mandisi Mpahlwa has been forced to ease quota restrictions imposed by government recently to prop up the local clothing and textile sectors and protect them from cheaper Chinese imports. The quotas have in some cases hurt the very manufacturers whom they were intended to b…
4/2/2007 2:40:00 PM
Despite Government’s aggressive measures, textile industry is still having a hard time to gain enough profits.Textile export is dull and products are unable to attract as many overseas consumers as need.Even with the Government subsidies and incentives, exports recorded a notable slide in the growth…
