9/14/2006 3:39:00 PM
China´s Ministry of Commerce has predicted that the monthly trade surplus could top 20 billion US dollars some time this year despite efforts to curb exports. The forecast comes after China reported a surplus of 18.8 billion US dollars in August, the third monthly high in succession. Spokes…
9/13/2006 4:21:00 PM
The latest Statistics by China Customs reveal that China exported textile and apparel from January to August, 2006 surging USD 91.44 billion.From January to August, China´s gross export of foreign trade was 599.63 billion dollar, increasing 25.9 per cent year-on-year, in which gross import …
9/12/2006 4:33:00 PM
China´s trade surplus amassed between January and August totaled US$94.65 billion - the trade surplus in August hit a monthly high of US$18.8 billion. China´s imports and exports reached US$1.1046 trillion for the first eight months, up 23.9 percent on last year. Of the total, the…
9/12/2006 8:48:00 AM
Chinese textile exporters´ wafer-thin profit margin could be further sliced off if the renminbi continues to rise as rapidly as it recently has. However, to fix this problem, the revaluation of the yuan should not be slowed, but rather the reform of the textile sector should be quickened. T…
9/11/2006 10:12:00 AM
The engagement between the South African government and clothing retailers in Cape Town on Thursday appears to have done little to defuse industry opposition to proposed quotas on Chinese clothing and textile imports. Refusing to present a conciliatory front, the delegation of retailers left a meetin…
9/8/2006 5:33:00 PM
Official statistics made by China Customs showed that China´s total imp. & exp. value of textile and apparel in January to July 2006 reached 86.48 billion dollars, increasing 21.4% compared with the same period of last year, and China´s total imp. & exp. value of t…
9/8/2006 11:01:00 AM
CITME has its maiden exhibition held in 1988, is now becoming the most influential, the most established as well as the largest international textile machinery exhibition in China. CITME is regarded by the industry as a vital way to understand and to enter China textile market. And it is also an impo…
9/6/2006 4:42:00 PM
World mill consumption of cotton is forecast at a record 25.7 million tons in 2006/07, up 3 percent from the previous season. China (Mainland)’s textile industry will continue to drive world cotton use in 2006/07, with Chinese cotton use projected at a record 10.5 million tons, up 600,000 tons from …
9/6/2006 9:23:00 AM
The commercial ties between China and developing nations is undertaking subtle changes as competition among them gets increasingly fiercer, a senior trade official said Friday. Citing textile as an example, Vice-Minister of Commerce Wei Jianguo said if China´s textile exports continued to g…
9/5/2006 3:52:00 PM
China´s textile industry will start to lose money if the yuan continues to appreciate, according to a report by the National Development and Reform Commission (NDRC). "With their average profit margin currently at 3 percent, textile companies will no longer be able to absorb the cost o…
