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China inflation may hit 6 pct, no end to tightening -paper

"Under severe controls from the central bank, monetary conditions fuelling price rises have clearly been curbed. But inflationary pressure still cannot be overlooked," the newspaper said in a front-page commentary. "Keeping inflation in check remains the focus of current monetary ...

Another interest rate hike 'to fight inflation'

Middle East turmoil and Japan crisis add to pressure on prices BEIJING - The central bank raised interest rates on Tuesday, for the second time this year, to tackle inflation and asset bubbles in the world's fastest-growing major economy. The People's Bank of China said it would ...

Alumina Ltd expects stronger market demand

07 May 2010 - Alumina Ltd says the bauxite mining and alumina refining market is looking more positive, and has maintained its earnings guidance. Alumina's business is a 40 % interest in Alcoa World Alumina and Chemicals' (AWAC) global network of bauxite mines, eight alumina ...

Imerys Announces 1st Half 2010 Results

Aug. 2, 2010 - On July 29, 2010, Imerys' Board of Directors, meeting under the chairmanship of Aimery Langlois-Meurinne, examined the Group's financial statements for the 1st half of 2010, as presented by Chief Executive Officer Gerard Buffiere. Gerard Buffiere stated, "Our sales ...

Alumina Ltd first half profit up strongly

Alumina Ltd has revealed a half year net profit up tenfold on the prior year. The company said net profit for the six months to June 30 was $US44.2 million, up from $US4 million in 2008/09. Underlying earnings were $US22 million after a loss of $US10 million in the first half of ...

Imerys Announces Sharp Increase in Consolidated Results for the First Nine Months of 2010

Nov. 3, 2010 - the Board of Directors of Imerys, meeting under the chairmanship of Aimery Langlois-Meurinne, examined the non-audited consolidated results to September 30, 2010, as presented by Chief Executive Officer Gerard Buffiere. Gerard Buffiere commented: "During the first ...

Sallies - fluorspar demand uncertain

Dec. 9, 2010 - Long-suffering shareholders in Sallies waiting for their shares to swing from today's 10c back to the late-2006 peak of 136c have to hope fluorspar demand will recover and the rand will weaken. Fluorspar has a range of applications in steel and aluminium processing...

Strong rand keeping Sallies fluorspar mine closed

Nov. 30, 2010 - The strong South African currency position is precluding the JSE-listed Sallies from resuscitating its fluorspar operation, which is costing R2,5-million a month to keep on care and maintenance, Sallies chairperson Nicholas Davidoff reports. South African ...

How some textile mills sidestepped Armageddon

North Carolina (Reuters) - To get an idea of how some U.S. textile mills can compete with developing-world rivals who pay far lower wages, roll a bowling ball down one of the production lines at Parkdale Mills' Walnut Cove yarn plant. U.S. Chances are you won't hit anybody, ...

Export Heads toward Growth despite EU Debt Woes

In the Jan.-Apr. 2010 period, China's textile and garment total exports amounted to $55.3 billion, up 15.76 percent y/y. Although Chinese textile industry continues to improve, here we highlight the necessity for Chinese texstile businesses to keep a watchful eye on Europe's debt ...

2010 ITMF Annual Conference: Welcome From Aguinaldo Diniz Filho

The International Textile Manufacturers Federation (ITMF), Switzerland, will hold its 2010 Annual Conference in S o Paulo, Brazil, October 17-19. Brazilian Textile and Apparel Industry Association (ABIT) President Aguinaldo Diniz Filho welcomes the readers of Textile World to the ...

Chinese Textile Industry Moving Forward

In the third quarter of 2010, Chinese textile industry kept moving forward, while the pace of growth of major economic index turned to minor decline. Based on the recent release data, the gross textile industrial output from Jan. to Sep. reached 3365.674 billion yuan, rising 26...

Chinese Data Hint at Cooling

A laborer in a textile factory in Yiwu, in China's Zhejiang province, Tuesday. China's manufacturing activity grew in December, but at a slower pace. Growth in Chinese manufacturing activity slowed in December for the first time since July, an industry survey showed, but the ...

Rieter Is Back With Success

As already reported before, the recovery of the global textile industry is significant. This revival in the textile machinery sector also is having a positive influence on the annual results of the Switzerland-based Rieter Group, which is back on track: After disastrous 2008 and ...

Tariff cut 'to boost imports'

SHANGHAI - Import tariffs will be reduced on a range of products and red tape involved in import application procedures will be further cut, to "maintain balanced trade", a senior official told China Daily. "We will launch a series of measures to stimulate imports this year, ...

Stronger RMB not tonic for U.S. economy or manufacturing

A stronger RMB would not be a tonic for the U.S. economy or manufacturing and it would be a huge mistake to raise tariffs on imports from China to force a change in the yuan, says a U.S. trade expert on Tuesday. Daniel Griswold is director of the Center for Trade Policy Studies ...

China Textile Round Table Forum gets a complete success

The China Textile Round Table Forum 2010 , hosted by China Textile Economy Research Centre and China Textile Magazine, sponsored by Oerlikon Textile, and supervised by China National Textile and Apparel Council (CNTAC), was hold on 27 January 2010 in the International Conference ...

China to keep yuan basically stable

BEIJING: China will keep the exchange rate of the renminbi, or the country's currency yuan, basically stable at a reasonable and balanced level, a central bank vice governor reaffirmed Tuesday. Yi Gang, vice governor of the People's Bank of China, also director of the State ...

China's April Manufacturing Expands at Faster Pace

Chinese manufacturing expanded at a faster pace in April, highlighting overheating risks in the world's fastest-growing major economy. China is cracking down on property speculation to prevent asset bubbles and restrain inflation after the economy grew 11.9 percent in the first ...

Ministries design exchange rate stress test for labor-intensive industries

China's Ministry of Commerce (MOFCOM) and the Ministry of Industry and Information Technology (MIIT) have designed a stress-test for China's labor-intensive industries, aiming to determine the effect of yuan appreciation on the textile garment, shoe-making and toy industry, ...
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China's reform leading group holds first meeting
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GM China chairman to retire
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industry

Super car club in commercial drive
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China's banks must evolve or perish
China's banks must evolve or perish
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Injured star short-track skater Wang Meng left out of China's squad for Sochi
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