7/25/2006 4:17:00 PM
It is reprted by Xinhua that China´s yuan will appreciate a further 3.1 percent from its current level to hit a high of 7.75 against the U.S. dollar, Barclays Capital analysts said. The yuan recorded a high of 7.9897 against the dollar last Friday, exactly one year after it was removed fro…
7/25/2006 4:15:00 PM
Intertextile Shanghai Home Textiles 2006 will be held i Shanghai in August July 22, 2006 Creativity, innovation and diversity sum up the incredible range of textile products and designs at Intertextile Shanghai Home Textiles 2006, which will take place from 28 - 30 August 2006, at Shanghai New Inter…
7/24/2006 9:47:00 AM
At the press conference sponsored by the State Council Information Office on July 18, 2006, Zheng Jingping, director-general of the Department of Comprehensive Statistics and spokesman of the National Bureau of Statistics, briefed the press on national economic performance in the first half of this y…
7/24/2006 9:46:00 AM
It is reported that Chinese goverment is planning to increase the textile export quota deposit from 30 percent to 100 percent. Most textile enterprisers oppose this decision as it will build up the fund pressure. Experts believe that the rise of deposit would stop speculation in textile export quota …
7/24/2006 9:44:00 AM
Some 95,000 tons of cotton valued at US$120 million were imported through Guangdong port into China between January and May, representing a year-on-year growth of 100% and 130% respectively, according to customs statistics.The statistics also revealed that the average import price jumped 12.3% to US$…
7/24/2006 9:43:00 AM
The Chinese government has publicized the enterprises which fail to pay the earnest money for their quantity of textile export license for access to the EU and US in the second round of bidding that took place earlier this year. The tendering committee would draw back the bid-winning quantity of thes…
7/19/2006 10:31:00 AM
At present, US International Trade Committee declaim that it will carry out investigation of anti-dumping on the China “polyester staple fiber”, which is the biggest case for China exporting textile to US. Wuhan Foreign Trade Commerce Cooperation Bureau approve that no local enterprise is involved.…
7/19/2006 10:29:00 AM
On July 12th the Ministry of Commerce of China released the names of the Top 500 Importers & Exporters and the Top 200 Exporters in China. China Petrochemical International Co. Ltd ranks the first on the Top 500 Importers & Exporters list with imports & exports amounting to US$34.33 billi…
7/19/2006 10:28:00 AM
The Ministry of Commerce on Friday released a forecast showing China´s foreign trade would grow 15 percent this year to between 1.6 trillion and 1.7 trillion U.S. dollars. "We don´t foresee fundamental changes over the second half to reverse the growing trend of foreign trade…
7/19/2006 10:26:00 AM
China´s economy surged a year-on-year 10.9 percent in the first half of 2006, the National Bureau of Statistics (NBS) revealed Tuesday, roaring ahead despite a slew of measures imposed by the government to ease the blistering growth of investment. Total gross domestic product between Januar…
