Organisations representing the US textile industry have lodged four more safeguard petitions on imports of Chinese apparel and textile products. This comes just days before a further round of talks to resolve the textile saga between China and the US is set to get under way. The US industry is hoping that this action will put pressure on Beijing to adopt a more flexible approach to a deal. Three textile organisations and the trade union, UNITE HERE!, announced to the press on 22 September four

With a new round of talks between U.S. and Chinese textile negotiators scheduled to start next week, U.S. textile manufacturers have asked the federal government for restrictions on more types of Chinese textile and apparel goods. Industry and labor groups representing the textile sector are seeking limits on imports of wool suits, man-made fiber coats, cheesecloth and polyester filament fabric. Through July, the United States has imported $1.78 billion worth of goods in those categories, wit

As leading buyers of leather footwear and fashion products in the world, the US brands have begun eyeing Indian sources to cater to their needs.Stating this to the media, Chairman of the Council for Leather Exports (CLE) M Rafeeque Ahmed informed that after a brief lull on the Indian markets, the scene is hotting up with leading US importers expressing keen interest in Indian leather fashion and footwear.Leather, accessories and footwear exports touched $102 million mark, registering a 15 percen

Currently, it has been known from the CHIC organizer that the 14th China International Clothing & Accessories Fair (CHIC2006) would be held in two sessions next year, of which one is for men's from 28th to 30th March and the other is for women's from 4th to 6th April. The total exhibiting area remains to be 120,000 m2. The work for recruiting exhibitors has been started both domestically and abroad at the same time in the middle of June. Seen from the feedback got by the organizer, the exhib

US imports of cotton bed sheets surged in the first seven months of the post-quota period with Pakistan benefiting from a larger increase in shipments than China, thanks to a sharp fall in its export prices. India and Thailand were the main victims of the Pakistani success on US market. As expected in our last report earlier this year, a radical change may now be observed on US import market for cotton sheets in category 361. After only rising 17.50% in 2004, shipments nearly doubled in the fi

European Union is currently conducting investigations in to large-scale imports of certain footwear categories, which follows the textiles issue that recently subsided.European Branded Footwear Coalition (EBFC), which represents organizations and brands from Europe, issued a warning over the investigation stating that such measure would create a negative impact on the European Union industries. Of prime concern for the Council is the fact that it (EU) targets all leather footwear imported from C

Severely affected by cheap towel imports from Mainland China, towel producers from Taiwan have sought government intervention.In an appeal to the Ministry of Economic Affairs (MOEA), they have sought investigation of cheap imports from China possible hike in tariffs within 70 days at the earliest on the towels imported from the mainland. Also a proposed rise to 50 percent instead of current 10.5 percent of import duty, has been suggested in the appeal.Towel Makers Association, media sources stat

US textile leaders believe there is a best a 50-50 chance the United States and China will be able to agree on a comprehensive approach to textile and apparel import quotas, so they are pushing ahead aggressively with a series of new petitions to place temporary quotas on imports. Last week, the textile industry? three leading lobbying organizations and the labor union UNITE-HERE petitioned the US government to renew for another year quotas on 16 product categories worth some $3.4 billion that a

PBC (People's Bank of China) Monetary Policy Committee's regular meeting for the third quarter of 2005 was held recently in Beijing. The meeting is of the opinion that current financial operation is generally good. Reform on exchange rate formation mechanism is being implemented steadily. RMB exchange rate has realized two-way floating and expected RMB long-term appreciation is showing signs of shrinking. The meeting discussed the orientation and measures of monetary policy for the next stage an

BEIJING - China's textile deal with the European Union will not affect next year's exports to the continent, Commerce Minister Bo Xilai said in an interview published on the ministry's website. AFX reported. Bo said the number of garments to be added to next year's quota is 'quite small' but added that the textile agreement was fair and satisfactory to both China and the EU. Earlier this month, the two trade partners reached an agreement allowing millions of Chinese textile products, which h