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

Cotton prices further rose in the past seven days in China, boosted by New York futures and more buying of textile mills ahead of coming holidays. Prices could decline, however, when large quantities of the new crop will arrive on domestic markets in the coming weeks. Cotton prices clearly rose in China in the past seven days. On physical markets, grade 328 gained 67 yuan in the week to Monday to 13,402 yuan per ton or 75.01 cents per pound. The same index further rose 6 yuan on Tuesday to 13

Chinese textile exporters are likely to face safeguard measures on additional products if the current round of Sino-US textile talks fails to reach agreement. The United States is due to make a decision on whether to set caps on imports of sweaters, robes, wool trousers and knit fabrics on October 1. In addition, US industry associations last week filed new petitions to their government for curbs on cheesecloth, men's and boys' wool suits, polyester filament fabric and some man-made fibre coa

WASHINGTON_U.S. and Chinese negotiators began a third round of talks on Monday seeking to strike a comprehensive agreement to limit a flood of Chinese clothing and fabric imports that American manufacturers have blamed for the loss of thousands of U.S. jobs. The talks, which were scheduled to wrap up on Tuesday, were being led on the U.S. side by David Spooner, the administration's chief textiles negotiator, while the Chinese delegation was led by Lu Jianhua, director general of China's Departm