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  • Kenya should capitalize market opportunities other than textiles in the US, said Matanda Wabuyele, Chief Executive of Export Promotion Council.Addressing the Council, Matanda Wabuyele said US markets were flooded with cotton trousers from China, which increased its exports by more than 1000 percent in 2005, in apparel category.This situation has forced US textile industry to request government to restrict Chinese imports, he added.In January last year, China picked a 35 percent share of the US i
  • The European Commission has recently formally approved to impose anti-dumping duties on the leather shoes imported from China and Vietnam starting from April 7. The duty, valid for half a year, will start in April 2006 at a certain rate, rising, by October, to a higher rate for China and Vietnam, triggering a more severe shoes trade war between China and the Europe. The EU has gone too far from the so-called "fairness" that they have claimed. Footwear industry, the same with the textile industr
  • Turkey's trade minister on Monday said the United States supports a Turkish proposal in world trade talks to shield certain textiles and clothing from deep tariff cuts, but U.S. officials said no decision had been made. Turkey, which is a significant textile and clothing producer, made the proposal last week in Geneva and "most of the countries supported it," Turkish State Minister for Foreign Trade Kursad Tuzmen told Reuters after a meeting with U.S. Trade Representative Rob Portman. "The com
  • Seven textile ventures are to be launched by April 2006 to attract foreign investors.With this investment programme, Uzbekistan is to increase production of light industry.The country expects increase in production of cotton yarn by 33,300 tons, 37 million metres of fabrics, 2,200 tons of stockinet and 3.8 million ready knitwork and garments.According to Enterprises of Uzbeklegprom (Uzbek Light Industry), total investment of seven enterprises amounts to US $50.1 million.The programme includes 94
  • Chinese textile firms will get help from the government in establishing trade cooperation zones overseas, especially in developing countries, said China's Minister of Commerce Bo Xilai. "We expect to strengthen China's economic ties with developing countries," the minister said at the third global textile economic forum held in Beijing on Monday. The move will benefit both sides because it will not only help Chinese firms, but will also create jobs in target countries, Bo was quoted as sayi
  • The Bangladesh government has decided to privatize state-owned textile mills to attract foreign investment in the backward linkage industries so that the country can face the challenges in the post-MFA (multi-fibre arrangement) era, according to the Textile and Jute Minister. The country needs at least 150 composite textile mills in next five to seven years to face the challenges in the quota-free regime. Having been aware of this necessity and the interests of foreign investors, the government
  • TAIPEI: The garment manufacturers, after the cancellation of the Multi-Fibre Agreement on global quotas more than one year ago, is stabling its business in the industry, sources said here on March 26. The leading garment manufacturers of the country, Makalot Industrial Co., Tainan Enterprises Co., and Eclat Textile Co., has all experience their production lines fully booked for the first half of the year. Makalot boosted a 40 per cent annual rise in orders received in the second quarter, and
  • National Bureau of Statistics released the ?alue-added of Industry?report for the first two months of the year. It stated that the Value-added of Industry up by 16.2 percent in the first two months.The total value-added of the industrial enterprises above designated size (all state-owned enterprises and those non-state-owned enterprises with an annual sales income over 5 million yuan each year, the same as follow) was1111.3 billion yuan, increased 16.2 over the same period of the previous year.
  • BEIJING (AFX) - China's textile exports growth benefits developed countries, including the US and EU, because they save money on China's low-cost products, the minister of Commerce Bo Xilai said. In a textile forum held in Beijing this morning, the minister said that the US saves nearly 100 bln usd in expenditure every year by buying imported textile products from China. Bo said that the sector's development has also increased China's imports of raw materials and production equipment. Last year,
  • US importers have been paying considerably more for many categories of Chinese apparel in January than they were in 2005. Unit values, especially in restricted categories, have clearly increased whilst there has also been rises for clothing in non-restricted categories. US retailers paid a lot more for imported Chinese apparel in January than in 2005, US Department of Commerce data confirm. At the same time, there has been a big slow down in the rate of goods under quota entering US ports.
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