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United States Customs Issued Clarifications on the Quota Charge Statement (QCS)

According to Attorney Mr. Xinyu Lee in SSSPO (Stein Shostak Shostak Pollack & O'Hara, LLP) Shanghai branch who is specialized in U.S. Customs laws, U.S. Customs on the “Quota Charge Statement” issued a clarification (TBT-08-002) on January 22, in which reiterated Declaration for ...

China: Li Ning objective: Push the Swoosh

It’s known as “the Nike of China.” Its red, aerodynamic logo bears an uncanny resemblance to Nike's ubiquitous Swoosh. Now, Li Ning Co., the largest footwear and apparel maker in the world’s fastest-growing economy, has planted its flag in Nike’s backyard. The company has quietly ...

China B-Shares Close Lower, Textile Issues Hit by Profit Worries

SHANGHAI (AFX) - B-shares in Shanghai and Shenzhen closed lower, with textile companies weighed down by profit concerns, dealers said. The Shanghai B-share Index fell 1.27 points to 85.53 on turnover of 18.39 mln usd and the Shenzhen B-share Index was down 3.44 points at 251.01 ...

Turkey: Major Textile Players Faces Crisis

ANKARA: The textile sector of the country known as major player of the export has began to feel the affects of the crisis due to the competition against China regarding high taxes and high valued YTL, sources said here on February 27. The sector representatives are going to meet ...

Textile Firms Positive of Outlook but Worry over Yuan

MOST of China's textiles and garments exporters are optimistic about their fortune this year although they are concerned over a possible yuan appreciation, exhibitors said at a trade fair in Shanghai yesterday. Such optimism is due to the result of the companies' efforts to ...

China: Profits move towards distributing channels from manufacturers

Giordano has reported its 2007 first three quarters gross profit up 8.7% from the same period of prior year. For the period, the growth of total gross profit slowed down due to poor performance of manufacturing sectors compared with the retail and distributing sectors. As the ...

Retail Sales of Consumer Goods Grow 12.5% in Jan., Feb.

China's total retail sales of consumer goods reached 1264.4 billion yuan in the first two months of this year, up 12.5 percent from last year, according to the National Bureau of Statistics (NBS). Consumer retail sales grew by 15.5 percent in January and 9.4 percent in February ...

Foreigners＇ Dream of Red Mansions

Three foreign students in Beijing audition on Saturday, January 26, 2008, for an adaptation of the ancient Chinese literary classic, "A Dream of Red Mansions." A multicultural cast will present the sketch at the upcoming Chinese New Year temple fair in Daguanyuan, a "Red Mansions...

China, EU to Launch Detailed IPR Action Plan

The visiting EU Commissioner responsible for taxation and customs, Laszio Kovacs, reiterated on Monday that a concrete Action Plan on Intellectual Property Rights (IPR) will be worked out between China and the European Union (EU). "The Action Plan will include specific commitment...

Penny Dai Promotes Plastic Bags

Malaysian-Chinese singer and songwriter Penney Dai poses at a promotional event for plastic bags. Rising singer and songwriter Dai Peini, or Penny Dai, attended a promotional event in Beijing on Sunday, sending out plastic bags at the event to show her support for environmental ...

Shanxi＇s Shehuo show believed to bring hope, good luck

People rise a Kongming Lantern for good wishes in the ancient city of Pingyao, North China's Shanxi Province Jan. 26, 2008.As a part of the series activities for the upcoming lunar New Year, Shanxi's Shehuo show began on Saturday. Shehuo, evolved through history and matured in ...

Growth in China's Textile Exports to Slow Down

The growth rate of China's textile exports is expected to fall from last year's 20.7 percent increase to around 15 percent this year, according to the National Development and Reform Commission (NDRC). NDRC predicts the total industrial output value of the nation's key textile ...

China could Overtake US's India Trade

NEW DELHI - Despite the substantial nuclear cooperation deal, sealed by visiting President George W Bush earlier this month, trade growth between India and China has been so rapid that the United States may lose out to China as India's largest trading partner within a few years. ...

Vietnam: Footwear and Textile Export Fair Kicks off in HCMC

Ho Chi Minh City Export Center has hosted a leather, footwear, textile and garment export fair that began on Saturday, March 11 2006, showcasing most modern and latest items. Vu Thi Kim Hanh, Director, informed that the Investment and Trade Promotion Center and, the Shoes and ...

China : Adidas first Golf Bag in Beijing 2008 with Olympic Logo

TaylorMade-adidas Golf Company unveiled two very special and unique product offerings to commemorate the 2008 Games, with just 2,008 of these limited edition products available only in China and Hong Kong. TaylorMade, makers of the number one driver in Golf, introduced a special ...

China: Performance Fibers Appoints Chinese Distributor For The Americas

Richmond, Va.-based Performance Fibers has signed a multiyear agreement with Zhejiang GuXianDao Industrial Fibre Co. Ltd. (GXD) whereby GuXianDao will exclusively supply Performance Fibers with high-tenacity and low-shrinkage polyester fiber yarn for resale in North, Central and ...

China : Celebrated suppliers to grace Intertextile Beijing Apparel Fabrics 2008

In a new, larger facility, Intertextile Beijing Apparel Fabrics 2008 will feature some of the biggest textile suppliers from around the world 27 – 29 March 2008, at the China International Exhibition Centre in Beijing. The venue is conveniently located and modern and leaves room ...

Exports to Japan Expected to Surge Sharply

The value of bilateral trade between the two countries reached nearly US$8.2bil last year. Vietnam's exports to Japan earned $4.56bil, an increase of 20.3% over 2004 while the country imported $3.6bil of goods from Japan, a 15,3% increase from the previous year, the office ...

January US Apparel Imports from China Severely Hit by Quotas

According to recently released US department of Commerce data, US apparel imports in January from China have clearly been hit by large falls in sensitive quota categories. This comes following embargoes last year created a sense of uncertainty amongst US retailers. Orders have ...

China Cotton Fabric Exports Flat in 2007

China is the world's largest exporter of cotton fabric. In 2007, cotton fabric exports experienced rather flat growth, reaching 6.207 billions square meters compared to 2006 exports of 6.240 billion square meters. In contrast, imports of cotton fabric dropped 7.49 percent to 1...
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industry

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