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  • The United States and China will make a fourth try next week at negotiating a comprehensive textile trade deal, U.S. trade officials said on Thursday. U.S. and Chinese negotiators will meet Oct 12-13 in Beijing for talks on a pact that potentially could restrict China's textile and clothing shipments to the United States through the end of 2008, the U.S. Trade Representative's office said. The negotiations are driven by U.S. industry concerns about a sharp increase in textile and clothing shipme
  • All across Asia, markets are being forced to adapt higher man made fibre prices despite reported overcapacity in polyester staple fiber production in Taiwan and South Korea that has kept polyester staple prices depressed outside Chinaall due to raw materials going costly. During 2005, Taiwan's man-made fiber production dropped sharply in hopes of generating higher profitability that prompted spurt in prices in recent months.Yarn and fiber prices in Indinesia saw a rising trend, however. Polyeste
  • Apparel exports from Sub-Saharan Africa to the United States have fallen in the first seven months of 2005. Mauritius accounted for one-third of all exports to the US with the majority of the production being concentrated in a handful of countries. A report by the USITC highlights certain difficulties faced by African apparel and textile industry that need to be overcome. Statistical data from the US Department of Commerce reveal declining imports from Sub-Saharan Africa in the first seven mon
  • The United States and China failed to reach a comprehensive textile agreement in a third round of talks this week but will resume negotiations in October, U.S. trade officials said on Thursday. "We were able to make progress, particularly with product coverage and quota levels, but we did not reach an agreement with the Chinese, "lead U.S. textile negotiator David Spooner said in a statement announcing that the talks ended Wednesday night. "We will be meeting with the Chinese again next month
  • Thailand's Commerce Ministry estimated on Wednesday that the exports of textiles and garments will grow almost doubly this year, led by the shipment of ready-to- wear clothes. The ministry expects that the textile and garment exports this year will increase to 7.5 billion US dollars from 4.6 billion last year, with the shipment of the ready-to-wear clothes enjoying a growth of 48 percent. Deputy Commerce Minister of Thailand Preecha Laohapongchana said on Wednesday that the development of fa
  • BASF aims to achieve 10 percent of its global sales and earnings in the chemical business in China by 2010. The importance of the company? activities in China was stressed in a press conference in Nanjing on the day before the opening ceremony of the company? first Verbund site in China. The site is the largest single investment in BASF? 140-year history and an integral part of BASF? strategy in the Asia Pacific region. ?e want to shape the future of Asia with our chemistry,?said Dr. J?gen Hambr
  • A large number of opportunities exist for Indian exporters in the global textile market. For India to capture a larger share of this market, in the post quota regime, both the industry players as well as the government have to take many steps. ? will support you and put forward to the Prime Minister as well as the Commerce Ministry, your suggestions and provide industry players all the support to make the India Brand in textiles popular? said Shankarsinh Vaghela, Union Minister for Textiles, Gov
  • German clothing imports from China increased by more than 50 percent in the first half of this year, the German Federal Statistics Office said on Tuesday. The office, headquartered in the southwestern city of Wiesbaden, said that the imports from China were valued at 1.7 billion euros (2.04 billion US dollars), a rise of 51.7 percent from one year earlier. The office reported that a total of over 7.5 billion euros (9 billion dollars) clothing was imported in the same period. Compared with th
  • The United States and China are edging closer to a deal that could curb billions of dollars in clothing imports from China, but one more round of talks may be needed, US industry officials said on Wednesday. "I think the bet right now is they're seriously going for it," said Cass Johnson, president of the National Council of Textile Organizations. "It's certainly a better dynamic than we've seen in the past." US and Chinese negotiators met for the third day on Wednesday in pursuit of a deal t
  • Garment is one of the industries with highest degree of globalization. China's garment industry has seen an increasingly higher export dependence rate. Before 2003, such rate stayed around 96% but now the rate has reached 98%. Following that textiles and garments were included in global integration this year, the conclusion of quota system is destined to change the global structure of the textile and garment industry. At present, a series of factors, including world economic trend, international
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