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  • More than 50 Chinese shoemakers will shift their factories to Indonesia because of anti-dumping duty levied by European Union on them. Chinese shoemakers are moving their factories to Indonesia only to avoid anti-dumping charges as EU Commission stated that both countries?footwear products offer much less competitiveness, said Eddy Widjanarko, Chairman of the association of shoe makers (Aprisindo). Till now 3,000 shoe factories have been closed as they have not received orders since the implem
  • WASHINGTON ?The board of the National Council of Textile Organizations, a key ally on the Central American Free Trade Agreement, said Wednesday it "would not support and could actively oppose" new trade deals until the administration agrees to pursue a separate textile sectoral in the global trade talks, and continued restraints on apparel and textile imports from Vietnam. "If the U.S. government pursues trade agreements which undermine the benefits of Peru, Colombia or CAFTA, there is no reaso
  • In a bid to increase the wool quality and wool production in the country, the Government is planning to bring in Wool Technology Mission. It would be set with the association of Department of Animal Husbandry. This was stated by the Minister of Textiles, Shri Shankersinh Vaghela while addressing the Parliamentary Consultative Committee attached to his ministry. The Textiles Minister said that setting up of the Wool Technology Mission would require the active support of the State Governments.
  • ASIA'S biggest textile machinery exhibition is set to be moved to Shanghai starting in 2008 after combining two existing major fairs, organizers said yesterday. The ITMA Asia and CITME 2008 will be held at Shanghai New International Expo Center from July 27 to 31 in 2008 after merging the Asian Exhibition of Textile Machinery and China International Textile Machinery Exhibition. The fair will be held every other year.Source:
  • Experts are observing a new trend in Shishi city, Fujian province, where major textile and garment industry players are collaborating with other enterprises to develop themselves. They are calling this process ?orrowing hens to lay eggs? Although there are many full-fledged textile companies in Shishi, lack of modern technology obstructs growth. Besides, products manufactured are low or middle grades. Thus, textile manufacturers have decided to partner with scientific research institutions t
  • The Minister of Textiles, Shri Shankersinh Vaghela has called upon the silk industry to make innovative experiments in the areas of silk production. Not only quality of the raw silk should be improved but variety of products should be added. Addressing on the occasion of the distribution of 20th Export Award Function organized by the Indian Silk Export Promotion Council last evening in New Delhi, Shri Vaghela said that the improvement of quality would lead to increase unit value realization and
  • In 2005/06, USDA estimates that China accounted for 40 percent of world cotton consumption, making China? forecast absolutely crucial when forecasting global consumption.1 USDA? past estimates are based in large part on statistical information from China, particularly yarn production data from the National Bureau of Statistics (NBS), and USDA? forecasts have been largely based on trends in these data. China? first national economic census recently led to a large revision in NBS?estimate of calen
  • WASHINGTON ?Vietnam has agreed to abolish "prohibited" subsidies to its textile and apparel industry as part of a trade deal it reached with the U.S. here Sunday, marking a major step in the Southeast Asian country's bid to join the World Trade Organization.The U.S. and Vietnam announced an agreement in principle Sunday after five days of talks here and expect to sign the deal in the near future, possibly as early as June.Vietnam is trying to become the 150th member of the WTO, which would bring
  • Russia has decided to prevent import of light industry? products, especially of textile. However, at present, Russia has asked China to supply all textile products. It is reported that clothing sales in Russia are about US $30 billion each year, and Chinese clothing enjoys a major chunk of this sale. In 2005, the amount of clothing import was more than $1 billion, of which, China accounted for around 90 percent. Russia has begun to prevent textile import in order to check imports of Chinese t
  • India has decided to impose 108 percent anti-dumping duty on Chinese silk fabrics; hence Chinese companies have deplored this decision of Indian government.Indian government argued that last month, Chinese silk manufacturers exported silk at very low price, and consequently Indian silk industry suffered.To avoid this situation, India has planned to levy 57 to 108 percent temporary tax on Chinese silk fabrics?exporters, media sources reported. Source:
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