Ending of textile quotas have brought a of 5.7 percent in textile exports from Taiwan to US$5.95 billion during the first half, this year which has been the mainstay of foreign exchange earner for the country, revealed customs statistics. Garments among them recorded the steeped fall of 24.6 percent followed by gauze cloth by 4 and other textile products by 2.4 percent. On the other hand, imports touched US $1.311 billion thus earning the country net foreign exchange income of $4.64 billion, whi

The customs duty tariff regulation committee under the State Council has decided to remove 17 textile items from the customs dragnet. This decision will make such items cheaper, and boost exports when the country is fighting restrctions from the US and the EU countries. Decision to this effect was taken by the committee on July 21, 2005. Currently, there are 51 kind of textiles under the list attracting various customs levies.

China has opposed US decision to restrict Chinese wool trousers imports and accused that US decision goes against WTO agreements.Chong Quan, Ministry of Commerce spokesman stated that the US has refused to comply related World Trade Organization (WTO) agreements.China and the US held latest round of meetings on textile and garment trade disputes earlier this month, however there was no positive outcome of those talks. Quan said that China seeks an amicable solution for both the countries as rega

Having breeched the yearly limits of 181.5 million units of sweaters and cardigan for the year 2005 in the first month of the newly agreed quota, the EU put a stop on their imports from China.A recently concluded deal between the EU and China, facilitated China to export 69 million sweaters and cardigans from June 11. However, the European Commission after July 12 stopped issuing licenses for Chinese sweater and cardigans as the country crossed the yearly limits, EU spokeswoman Claude Veron-Revi

China has opposed US decision to restrict Chinese wool trousers imports and accused that US decision goes against WTO agreements.Chong Quan, Ministry of Commerce spokesman stated that the US has refused to comply related World Trade Organization (WTO) agreements.China and the US held latest round of meetings on textile and garment trade disputes earlier this month, however there was no positive outcome of those talks. Quan said that China seeks an amicable solution for both the countries as rega

Beijing protested new US restrictions on textile imports from China a day after it revalued its yuan currency in a move likely to make Chinese exports more expensive."The Chinese government is firmly opposed and strongly dissatisfied" with the US government decision to limit imports of Chinese woollen trousers, Ministry of Commerce spokesman Chong Quan said in a statement on its website. Chong said that a decision Friday by the US Committee for the Implementation of Textile Agreements to impose

With Washington mounting pressure on Beijing to end the dollar-yuan peg, the People's Bank of China announced Thursday a modest revaluation. The U.S. and the EU have both warmly welcomed the news. Since 1994, China has pegged its currency, the Yuan, to the dollar which has resulted in a fixed exchange rate of 8.28 yuan to the US dollar. This "hard peg" policy has recently come under scrutiny and resulted in complaints from some U.S. manufacturers and labor groups that this practice unfairly as

The policy will be observed until around 80 percent of the total quota volume for each item is filled, said the Ministry of Trade.Looking to capitalise on the garment quotas available to the US market, TAQAD requested on Wednesday that US importers inform them of their order plans until the end of the year for categories 347/348 and 647/648 (synthetic trousers), which the trade and industry ministries say will be distributed according to the automatic allocation policy until August 31 of this ye

This September will see the exciting launch of FOOTWEARFIRST.com, the first digital news and information service covering everything about shoes within the UK, overseas trade and consumer markets ?developed by the BFA in partnership with the Cambridge based communications companyMedia-Fx Limited.It will provide information, and how we buy products and services. It provides an unprecedented opportunity to attract substantial amounts of potential new customers with instant access to valuable infor

Leading software solutions and project labels ideas provider Avery Dennison Corporation launched New 32-bit Thermal Transfer Printer.Produces High-Res Fabric Care Labels in Textile, Apparel Applications.User benefits include sharp, durable 300-dpi printing, ability to process diverse label fabrics, and easy label roll changes. A new 8-inch-per-second thermal transfer printer that delivers fast, reliable production of fabric care labels in apparel, textile and bedding applications is now availabl