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Luxury market to be fueled by II & III tier cities

Luxury market in China which includes jewelry, leather products, fashion apparels, perfumes etc reached around US $8 billion during 2007. This attracted many international luxury brands. Numerous luxury brands like Versace, Rolex, Chanel, Omega, Dior, Prada, and Zegna have dipped ...

China: Declining overseas demand affects recovery of textile industry

In the first five months of 2009, China's export of textiles and clothing maintained a favorable balance. Domestic sales became a driving force for the industry’s growth. However, indicators show that the foundations for recovery are still unstable. Between January and June, ...

China to dominate Indonesia's textile market FTA

A free trade agreement between the Association of Southeast Asian Nations and China (ASEAN-China FTA) is likely to threaten Indonesian textile makers as China will have a bigger share of the Indonesian market. Indonesian Textile Association (API) deputy chairman Ade Sudrajat said ...

Li Ning expands into badminton sportswear market

Li Ning Company Limited, one of the leading sports brand enterprises in China, announces the opening of its first flagship store in Singapore at the newly opened ION Orchard mall. Sports fans in Singapore will be spoilt for choice as leading sportswear group Li Ning marks its ...

China's Taiwan holds edge in Cambodian garment investment

China's Taiwan is the leading investor in Cambodia's garment sector with 68 factories out of 274 in operation, local media reported on Wednesday. The industry figures were released by the Garment Manufacturers Association of Cambodia (GMAC), an industry body. Kaing Monika, GMAC's ...

Taiwan leads in ownership of garment factories

According to figures released by the Garment Manufacturers Association of Cambodia (GMAC), Taiwan is the leading nation in terms of investment in the garment factories. Investors from Taiwan own 68 out of the 274 clothing manufacturing units in operation. China with 55 factories ...

Smart Notes by MISSK Fashion Show

July 9, "MISSK" brand clothing launched special fashion show titled "Smart notes" in the international fashion shows area of Shenzhen Exhibition Center Hall 5. .MISSK" has taken the fancy of most of fashionable women for bright brand style since it was created. Now, MISSK has ...

Li-Ning opens flagship store in Singapore

Singapore's Minister of State for Trade and Industry Lee Yi Shyan officiated at the opening of Li-Ning's badminton flagship store in Singapore, its first store in Asia outside China. The sportswear giant Li-Ning, founded by top China gymnast Li Ning, set up its Southeast Asia ...

Yuan Ascendent: Cross-Border Trade Uses Chinese Currency

Three Shanghai companies used the yuan to settle cross-border trade deals for the first time Monday, a step toward promoting broader use of the Chinese currency internationally and, over time, reducing China's dependence on the dollar. Bank of China Ltd. settled a trading deal by ...

Fashion Week -Swim in Miami

From July 15-19, the annual Mercedes-Benz Fashion Week Swim took place in Miami Beach, Florida at The Raleigh Hotel. Supermodels walked, glided and sashayed across the runway platform, presenting the newest designer swimwear and resort collections to national and international ...

All China Leather Exhibition (ACLE), China International Footwear Fair (CIFF) and Moda Shanghai 2009

This important autumn event, the leather industry’s premier international exhibition in China, is a bell-weather not only for the sector, but many others too. Simply put, the All China Leather Exhibition (ACLE), will reflect a trend of wealth and commercial activity away from the ...

China: Consumers more ready to spend

Source: BCG Consumer Sentiment Survey ,2008-2009. Graphic by Li Yi Chinese consumers are more optimistic about the future than their US and European counterparts and are more likely to increase spending in the next 12 months, according to a survey released yesterday by Boston ...

China: Shanshan, Heron Resources ink deal

The Shanshan booth at an exhibition in Guangzhou. The company has successfully expanded its business beyond textiles. Chinese menswear brand Shanshan has secured for itself a reliable supplier of raw material for its subsidiary dry battery production business. The Ningbo-based ...

China: Youngor in 1b yuan land deal

Youngor, the country's biggest shirts maker, has bought a large tract of land at its home base in Ningbo to develop residential projects, in the latest move by the garment maker to expand its property business at a time of dwindling export demand and narrowing manufacturing ...

China's foreign trade set to decline in first half

China's foreign trade sector now faces unprecedented difficulties and is set to decline in the first half year, said Vice Minister of Commerce Zhong Shan Wednesday. It's increasingly difficult to make a quick turnaround and the situation will remain gloomy in the second half year...

Kirk vows to improve trade ties, ensure exporters' rights

US Trade Representative Ron Kirk said on Tuesday that the Obama administration will improve relationship with China, but he also warned that US will not hesitate to enforce trade rules with China when necessary. "China is one of our most important trading partners," Kirk said in ...

Chinese Standards Delegation Visits SDL Atlas, Other US Textile Facilities

A delegation of Chinese textile standards officials - including Fang Xijiang, director of the Standardization Institute of the China Textile Academy, and his colleagues studying US and Western standards used in textile and apparel manufacturing - recently visited the Rock Hill, S...

China: Stable development of the Yangtze River Delta region

Recently, according to "2008-2009 Development Report of China's Apparel Industry" published by China National Garment Association, mobility of resources among Chinese apparel industry has been enhanced, especially within inter-regional, inter-firm communication. Large enterprises ...

China's May export order index improved from April

The report recently released by China Federation of Logistics and Purchasing shows that China??s new export order index in May rose one percentage point from the previous month, to more than 50 percent, indicating the expansion of exports has accelerated. The index is a sub-item ...

China: I'm being demonized: Father of quake hero

The father of a 10-year-old hailed as "Little Hero" for saving the lives of two classmates during the May 12 Sichuan earthquake has been defending himself against critics who claim he is exploiting his son. Lin Dakun, 40, who has reportedly signed a contract with a children's ...
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Latest World News

china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
The Political Bureau of the CPC Central Committee has decided that ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
Shell companies struggle to stay listed
China is planning to clamp down on back door listings. A back door ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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