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Senegal: Illegal Imports Hurt Textile Industry

Senegal's textile and clothing industry was suffering, with 57 percent of domestic demand being serviced through fraudulent imports, said the minister of industry and crafts. Bineta Samb B?said that textile industries in the country were losing ground as a result of "the ...

China:Toray commences SMS production in China

An entirely new Toray Industries plant in China has commenced its trial operations and plans to start-up full scale production in this month itself. Presently, Toray Polytech Nnatong (TNP) has an annual capacity of 18,000 tons of polypropylene spunbond-meltblown-spunbond (SMS) ...

China: Total Retail Sales of Clothing was up to 28.59% from Jan. to Mar.

According to statistics data show that China social retail sales of consumer goods about 2.55552 trillion yuan between January to March, and increased of 20.6 % year-on-years. Hereinto, textile products sales rose by 28.59% and more than export rate. The industry pointed out that ...

EU Clothes Firms Get Round China Quotas

Following introduction of quotas to curb explosive Chinese textile exports to the EU last summer, European textile businesses seem to have found other ways to import cheap clothing. The EU quotas on Chinese textiles lead to mountains of Chinese garments pilling up at ports in ...

China:Made in Germany in Asia!!!!

With German exports of textile machinery to Asia worth about 4 billion Euro in the last two years and a market share of more than 50%, Asia is definitely the most important destination for textile technology Made in Germany. ITMA ASIA + CITME 2008 27–31 July 2008 Shanghai New ...

China to Accelerate Restructuring of Textile Industry

The National Development and Reform Commission (NDRC) and nine other central government departments have issued a joint circular calling for the accelerated restructuring of the country's textile industry. The restructuring is designed to improve the innovative capacity of the ...

Hong Kong: PSF receives positive response from delegates

It has been a month since the third edition of Prime Source Forum (PSF) came to a close. Over 400 senior executives from 20 countries, representing all sectors of the global supply chain, attended the two-day Forum and workshops, and discussed major issues facing their industry. ...

Polyester Filament Prices Again Up in China

Polyester filament prices continued rising over the weekend in China, although raw material costs began easing. There is no clear price direction for raw materials, especially paraxylene, while crude oil prices are obviously falling. Polyester filament prices continued today ...

China: Canton fair closes with moderate growth in export deals

The spring session of the biannual Canton Fair, or the 103rd China Import and Export Fair, closed in Guangzhou on Wednesday, clinching export deals worth $38.23 billion, slightly higher than each of the two sessions last year. The value of export deals was 2.1 percent more than ...

Indonesia's Plans to Replace Obsolete Textile Machinery to Benefit Chinese Makers

Textile manufacturers of Indonesia are incurring loss due to inefficient and obsolete machines that consume more fuel and affect quantity and quality of products. Considering the seriousness of the issue, Indonesia has plans to complete its overhaul of textile machinery by 2009. ...

Cambodia Extends Tax Holiday for Garment Sector

PHNOM PENH : Cambodia will extend a tax holiday for its garment sector until late next year to protect it from Vietnamese competitors and the expiry of US and EU safeguards in 2007, an official said. Neighbouring Vietnam will become a stronger competitor if it joins the World ...

Vietnam's Garment, Textile Exports to U.S Likely to Rise after WTO Accession

Vietnam's garment and textile exports to the United States are likely to increase 8-10 percent annually at maximum after its entry in the World Trade Organization (WTO), local newspaper Youth reported Monday. "Despite enjoying the quota-free regime after joining the WTO, Vietnam ...

China: Doublestar launched an outdoor line

Doublestar recently launched a new product line W-Hai, specializing on the outdoor sportswear. So far, the new line has been appointed as the professional training kit for the national team. The new line has a full range of products from coat, jacket, footwear, accessories to ...

Cambodia to Offer Two-Year Tax Free for Textile

Cambodian government Friday announced a grant of a two-year profit tax free to garment factories to encourage investment. Under the decision made during Friday's cabinet meeting, factories applied the licenses before March 14, 2005, will enjoy the preference. The aim of the ...

South Asia Seeks for Textile Hub of World

Pakistan, India and Bangladesh can make South Asia a well-built textile hub for the world if the three countries join hands for multilateral corporation and trade, according to local media reports quoted a Pakistani official as saying on Saturday. Haroon Farooki, President ...

Chinese Premier's Visit Tests Textile Strains in South Africa

JOHANNESBURG (AFP) - South Africa's trade relations with juggernaut China will be put to the test this week when Premier Wen Jiabao jets into Cape Town for talks centred around China's mighty textile industry. The South African economy, the biggest in Africa, has been hit hard in ...

China: Guangzhou exports of the first four months fall sharply

Affected by multiple factors such as adjustment of China's foreign trade policy, decline in external demand, the appreciation of Renminbi and continuous rise in raw materials price, apparel exports in Guangdong has been droping since the beginning of the year. According to the ...

China: Woven Velvet Replaces Chenille Fabric

Woven velvet has replaced chenille fabric as enterprises have begun to purchase related materials and equipments. For years, chenille fabric has been very popular in China and around the world, due to its low price. However, it will exit the market gradually. In the future, yarns ...

Japan, India to Boost Investment Cooperation

Japan and India decided on Thursday in Tokyo on a plan to encourage Japanese small and medium-sized enterprises to invest in India. The plan "marks a remarkable start for further activating Japan-India economic exchanges" and will help "internationalize technologies of Japan's ...

China: Anta disposed retail business for international brands

Anta Sports announced on May 19th that it had signed an agreement with Jiangsu Hesheng Investment Guarantee Co., Ltd. on the disposal of sale of Shanghai Fengxian and its subsidiaries for the aggregate purchase price of approximately RMB187.4 million. Shanghai Fengxian and its ...
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china

Xi Jinping to lead national security commission
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China's reform leading group holds first meeting
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world

market

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finance

company

Shell companies struggle to stay listed
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HK Disneyland Gets Toy Story Land
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industry

sports

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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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