Despite its status as a leading textile producer in the world, China still lacks brand names of its own, both for garments and textile machinery. That is why a shirt made in China and embedded with a foreign brand sells expensively on the world market, but only 20 percent of the profit goes to the Chinese factory. Chinese homemade textile machineries are rarely available even at domestic workshops, most of whom have imported high end production facilities from Germany, Japan and the Repu

Viet Nam? apparel and garments exports slightly rise by 0.1 per cent to over US $2 billion in the first half of the current year. An industry veteran warned that the export turnover for the whole year will be at $4.8 billion, about $400 million less than anticipated. Insiders credited the performance to a recession in the US and EU markets.According to the Ministry of Industry, the sector earned $871 million from US exports in the first half of 2005, about 3 per cent lower than the same period l

Agriculture Secretary Mike Johanns announced that the Bush Administration is sending proposed statutory changes to the Congress in the program generally known as the Step 2 cotton program and the export credit guarantee programs to comply with a recent WTO cotton decision in a dispute with Brazil."By implementing these proposed changes, we are being fully responsive to the WTO decision," said Johanns. "This step is essential for United States to continue to be a leader in the WTO Doha negotiatio

VDMA German Textile Machinery Associaton takes the initiative to organise a Textile Machinery Symposium in India in December 2005. Thirty leading German companies known to be technology leaders on the market are set to participate at the event.The symposium will meet the increased requests for high-tech technology from Germany by the Indian Textile Industrialists after the abolition of the quota system. The VDMA trade fair committee, composed by leading manufacturers such as Barmag, Thies, Schla

Canadian textile industry is facing the heat, as low-priced Chinese imports seem bend the industry on its knees.Further, the Government despite several representations to plug the unhindered flow of cheap apparel, garments, T-shirts, jeans, inner wears and many other products from the dragon country, remains unresponsive rubbing salt on the bruised spirit of the textile industry.Matters have turned worse with the ending of the ATC or the Multi Fibre Agreement under the World Trade Organization t

Textile entrepreneurs on Tuesday urged government to immediately stop huge illegal influx of foreign textile-fabrics that they said are gobbling up the domestic market crowding out local products."Even 30 percent cash incentives will not be able to help the industry survive unless the illegal imports come to an end," Bangladesh Textile Mills Association (BTMA) chairman MA Awal told reports after a meeting on the textile industry at FBCCI office.The meeting of the FBCCI Standing Committee on Text

The leather industry of Punjab is facing a shortage of quality hide due to social and political pressure even though cattle head count of the state stands only second to Uttar Pradesh in the country.The prevailing ban on slaughter, lack of proper flaying (removal of skin) and finally poor quality leather has turned to be the bane for the industry.According to Mr Ashok Sharma, the Council of Leather Exports (CLE) member based at Jalandhar, the last decade has witnessed a marked decline in the qua

As a part of major step towards rejuvenation and augmentation of infrastructure of Handloom sector in the state, the Deputy Chief Minister, Mr Mangat Ram Sharma inaugurated the Wool and Woolen Design Development Centre of State Handloom Development Corporation constructed at a cost of Rs 1.30 crore at Rambagh here today. The Centre sanctioned under Prime Minister? Economic Package is equipped with latest technology like chemical and physical testing laboratory, resource room, CAD Lab, workshop a

Terming it "inevitable," Brazil will soon introduce trade safeguards over Mercosur members?and Argentina, in particular, reported Sao Paulo based financial press. Quoting unidentified sources, the media said in order to protect the local industry, measures are being mooted and governments of Argentina and Brazil will soon enter in to formal talks.An ?nformal?quota system is already adopted by businessmen from the two countries dealing in products such as refrigerators and foot wear. Even the Gov

During January - May 2005, the Chinese Customs have revealed country's total foreign trade (import-export) reaching US $522.78 billion.The increase was 23.2 percent over that registered during the same period last year, said the communique.Export stood at $276.4 billion, recording 33.2 percent rise, while import crossed $246.38 billion, showing 13.7 percent increase over last year, same period. The five month gross textile and apparel trade stood at $46.42 billion, which climbed by 19.3 percent