Chinese polyester fibre makers are facing one of the largest recent dumping charges from the United States, according to an industrial association. The US International Trade Association in June received complaints from US producers, saying Chinese polyester fibres were being sold on the US market at prices lower than their normal value. The complainants say this has hurt the US industry, officials from the China Chamber of Commerce for the Import and Export of Textiles said yesterday. "It

The European Union, the world's second largest market, offers huge opportunities but Indonesian exporters have failed to tap this potential because of their inability to meet market requirements. "If Indonesian exporters want to increase their market share in the European Union, they need to acknowledge their handicaps, formulate strategies and change these handicaps into opportunities," Trade Minister Mari Elka Pangestu was quoted Thursday by The Jakarta Post newspaper as saying. Data from

In order to deal with anti-dumping disputes with China and Vietnam, EU plans to slap quotas on shoe exports from both the countries. Recently, delegates from China Shoemaking Enterprises expressed that they would object to EU move of capping Chinese footwear exports. This decision find strong support from Commerce Bureau of China. However, it is learnt that China and EU will continue negotiations over this crucial issue. Source:Fibre2fashion News Desk - China

Over 10,000 delegates from various countries of the world attended a trade fair conducted along side the Third World Human Settlements Forum (WUF) organized by UN-Habitat. North Americans showed keen interest in textiles, hand-woven garments and woodcarvings from East Africa. East African participants in the trade fair expressed that the Canadian visitors bought many hand made goods in particular as against industrial products from other parts of the world. Visitors at the fair showed keen in

China's textile industry output value is expected to reach six trillion yuan (750 billion U.S. dollars) by 2010, according to the industry's development program for the next five years. Under the program, published on Wednesday by the National Development and Reform Commission (NDRC), the textile industry's fibre processing volume should grow on average six percent annually to reach 36 million tons by the year 2010. Sales are expected to rise an average 12.7 percent annually to hit six trill

Vietnam will slash import taxes on many important items, including garment, automobile and petroleum products, under its commitments regarding the World Trade Organization (WTO) and free trade areas, local newspaper Youth reported Wednesday. Under the WTO commitments bilaterally made to its partners, Vietnam will lower average agriculture tariff to 21 percent from current 23.5 percent, and industry tariff to 12.6 percent from 16. 6 percent, the newspaper quoted sources from the country's Finan

Recognizing the importance of textile and clothing industries in country? economic growth, Chinese Government aims to lay special emphasize on the two sectors in its next five-year plan. The plan will include improvement in textile machinery and technological products, buying international brands, using optional fibre and reducing the use of energy sources. Speeding up reform of state-owned textile enterprises will also be a vital part of the plan. Government is also planning to create its ow

The textile industry is asking the government to announce a concession and incentive package of Rs50 billion (US$830 million) so that it can compete with India, China and Bangladesh in export market. For pleading this case, a leading exporter Mushtaq Cheema is locking horns on June 29 with the seasoned bureaucrats of the finance and commerce ministries and officials of the State Bank of Pakistan at a meeting to be chaired by Prime Minister Shaukat Aziz. Prepared and designed by a 15-member comm

Half-way through the year and European quotas on China's shipments are increasingly drifting further away from any possible exhaustion, latest data reveal. The growth of quota use over the past four weeks has slowed down although export licences for these categories issued in China show a modest rise in the four-week period ending 28 June. Having now reached the half-way point in 2006, European quotas for the 10 restricted Chinese categories are nowhere near the 50 per cent needed to indicate p

Prime Minister Shaukat Aziz has asked for authentication of the documents, provided by the textile sector, about availability of cheap natural gas to the industry in Bangladesh and 5 percent interest reimbursement plus 10 percent capital subsidy for specified processing machinery in India. The data shows 18 percent rise in Pakistan's textile exports in the first 11 months (July 2005 to May 2006) of the current financial year. However, upon segregation it is revealed that the growth in the first