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It is learnt that Chinese cotton material is popular in Myanmar market for its good quality and low price. And with the excellent service, Chinese cotton material is more competitive than that imported from any other countries. For example, enterprises and factories go to Myanmar to learn about market demand and supply goods in line with the demand. Therefore, the cotton material is projected to take larger share on Myanmar market. Source: fibre2fashion
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The Japan External Trade Organization (JETRO) today released the results of its latest annual survey of Japanese-affiliated manufacturers operating in the US. The survey revealed strong business performance for a majority of firms, with a record 75.7% of respondents expecting to post an operating profit in 2005; only 9.6% of firms (a record low), on the other hand, expect to post an operating loss. Respondent firms did not appear to be greatly affected by the prolonged hike in oil prices. Howeve
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Hong Kong is dramatically benefiting from the decision of the European Union and the US government to reimpose quotas and restrictions on apparel and textile imports from mainland China, senior industry executives confirmed in Hong Kong on 6 October.The Special Administrative Region (SAR) could enjoy a significant revival as a manufacturing base if some form of quota system remains in place through to 2009 and beyond.Felix Chung, Chairman of the Hong Kong Apparel Society, told a press conference
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BOTH Chinese textile firms struggling to survive and US retailers require a trade dispute settlement between the two nations as soon as possible. "Our time is running out, but I can only get some marginal products. Can we expect American consumers to take towels instead of pants next year?" American businessman Johnason Lee said. He was attending the 98th Chinese Export Commodities Fair that opened on Saturday in Guangzhou, Guangdong Province. Deals struck at the biannual event normally make up
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Executives of apparel firms in the United States were watching closely Wednesday as negotiators of the United States and China met in Beijing to try to resolve a textile dispute in their new round talks.The US government this year imposed quotas on some Chinese apparel and textile goods under pressure from domestic manufacturers, and three rounds of negotiations earlier between the two countries had made no results in striking a deal to end the dispute.The dispute has been painful for many US ap
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Situation faced by China on the US textile front seems to bring opportunities for its neighbours, specially Taiwan, to step up its exports to the US market.Premier Frank Hsieh has urged Taiwan's textile manufacturers and exporters to grab the opportunity, even as he has instructed relevant government agencies to spur textile and garment exports to the United States.Taiwanese textile and apparel exports in the recent years have reached US $12.5 billion annually, while its imports from the US have
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During the recent one year, the situation of international textile market is changing stealthily, the demarcation of manufacturer is more and more clear and professional according to the chain of products within the global textile market limits on one hand and the competition is more and fierce on the other. Since China entered WTO, the amount of Chinese textiles exporting have a high-speed increase due to the cancellation of textiles quotas to China textile products from other countries and som
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BEIJING - China and the United States failed on Thursday to cut a deal to regulate China's booming textile shipments, immediately prompting American manufacturers to seek curbs on imports of towels made in China.
With time running out for an agreement before year-end, the stalemate means U.S. retailers will face uncertainty about just how much they will be able to import from China until the end of 2008, when curbs on its textile exports will lapse.
"We have not come to an agreement that meets
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The European commission is set to re-table its proposal for a ?bn package to help countries affected by globalisation and industry restructuring. The ?rowth adjustment fund?proposal will be included in a paper the commission is to adopt next Thursday (20 October) and is to be presented at a meeting of EU leaders later this month.The Commission was asked to come up with an idea on what Europe should do to meet the challenges of globalisation - but the fund it is proposing is directly linked to ne
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China and the United States yesterday kicked off a new round of talks in Beijing, harbouring hopes to find a comprehensive solution to settle the long drawn-out disputes in this round.
The Chinese delegation is headed by Lu Jianhua, director of the Foreign Trade Department under the Ministry of Commerce while David Spooner, special negotiator for textiles at the US Trade Representative's Office, leads the US side, according to the Chinese Ministry of Commerce.
The closed-door meeting, held i