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  • Fears that China would swallow up between a third and 50 percent of all world textile trade with the end of a global export quota system earlier this year have not materialised, the International Labour Organization (ILO) said in a report Tuesday. On January 1, all quotas on textiles and clothing exports came to an end, sparking fears that China would flood the market, undercutting competitors in Europe, the United States and crucially, many parts of the developing world. In the event, however
  • The threat posed by surging post-quota Chinese exports has not been as great as predicted. A report by the ILO identifies reasons such as safeguards and China's development away from labour-intensive manufacturing industries contributing to lower than expected export growth rates. Other Asian nations such as Bangladesh and Cambodia are doing better than previously expected whilst India has had mixed results. Ahead of its meeting in Geneva, the International Labour Organisation (ILO) has publish
  • The European Union was under pressure on Wednesday to accept lower barriers to farm goods as ministers from leading World Trade Organisation states (WTO) struggled for a breakthrough in global trade talks.After the United States gave a fillip to the negotiations, which face an end-year deadline, by offering what it called "deep" cuts in its farm subsidies, Brussels faced intense calls to match the move and ease its stance on tariffs."There is movement, although insufficient," said Brazil's Forei
  • PARIS_The Paris pret-a-porter shows that closed this week left clear indicators for how women should dress for spring-summer 2006: There was an air of romanticism and dignity in nearly every collection. Attendance at every catwalk show was packed to the rafters _ in contrast to past seasons, where many seats were left vacant. Many feel that as designers are creating pretty, romantic and reasonable clothes for "real" women, interest is on the rise. Nearly every designer had some version of the
  • Polyester filament yarn output went up 5.6 percent to 95,252 tons in July 2005, according to data available with Association of Synthetic Fibre Industry.It also mentions that polyester staple fibre production dipped 2.1 percent to 55,070 tons during the same period.However, viscose staple fibre output dropped sharply at 19.6 percent at 16,265 tons, while viscose filament yarn manufacturing output improved marginally at 0.4 percent to 4,445 tons.There was a 4.4 percent drop in output of acrylic f
  • Columbus based global management consulting and market research firm specializing in retail intelligence and strategies, Retail Formward says there is some good news for global apparel brands and apparel specialty stores, which face a threat from a growing wave of no-name store brands sourced in China and other low-cost countries and sold at hypermarkets and supercenters.Consumers in developing countries-particularly China, India, Russia, Mexico and Brazil- are buying and paying more for well-kn
  • Explaining that textile exports during April-August period compared to last year has grown by 20 percent, Union Textiles Minister Shankar Singh Vaghela on Monday termed it as "heartening."He was speaking at the inaugural of INTEX Trade Fair in Mumbai, today.He informed that textiles and clothing constitute the single largest group of commodities in the country's export basket.It contributes around 21 per cent of total exports from India.Another reason for textile industry to cheer was its perfor
  • MOFCOM Spokesman Commenting on US Prolonging the Decision of Restrictions on 4 Categories of Textile Products and Accepting 13 Restriction Applications of Domestic Textile Community MOFCOM spokesman made a comment and said that CITA announced on Sept. 30 that the US would not make decision on whether to restrict 4 categories of imported Chinese textile products such as knitting cloth (222) until Nov. 30, to which we felt delighted. The spokesman pointed out that the CITA announced on Oct. 5 that
  • S? PAULO, Brazil - At a huge Chinese art exhibition shortly after he took office in 2003, Brazilian President Luis In?io Lula da Silva was effusive about the bilateral relationship. "If the Chinese believe in China and the Brazilians believe in Brazil, this could be the two countries' century," he said.A couple of years later, the trans-Pacific romance is on the rocks because of a massive tide of cheap Chinese imports flooding Brazil. Meanwhile, Mr. da Silva is facing criticism at home for havin
  • During the April-September period this year, the Government of India cleared projects worth Rs 96,000 crore from power, steel, coal and textiles sector, an official spokesperson said, Friday. The Jute Technology Mission under the textiles sector got a major funding at Rs 355.55 crore.A scheme for integrated textile parks across the country was allocated another Rs 625 crores.Ministry of Finance had cleared all the proposals on fast track basis and as of date, there were no pending cases for clea
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