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China, Turkey in talks for Textile quota
Turkey and China had an inter-governmental meeting on the quotas Turkey had imposed on certain Chinese textile products last week. The meeting between the Turkish under secretariat of foreign trade and Chinese trade ministry lasted for two days....more
by Textile Intelligence
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China’s anti-dumping tax from 23 Jan 2006
The Chinese Ministry of Commerce announced that it will levy an anti-dumping tax starting from 23 January, 2006 on an imported chemical....more
by Textile Intelligence
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China puts end to the 10-year US Dollar peg
With the mounting pressure from the global economic giants, China finally decided to end the US Dollar-Yuan peg. On July 21st, the People's Bank of China announced a moderate revaluation of the Yuan. China has pegged its currency to the dollar in 1994, wh...more
by TextileIntelligence
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China: Disputes can be solved through bilateral talks-Liu
Chinese authorities have called the allegations made by EU and US as 'groundless' that Chinese exports are hurting their domestic market, and called for bilateral talks to solve the tension arising out of it....more
by Textile Intelligence
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China: EU urged to grant Full market economy status
China has urged the EUropean Union (EU) to grant it full market economy......more
by Textile Excellence
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Revised Foreign Trade Law Effective from July
China's recent revision of Foreign Trade Law has received approval from the Standing Committee of the National People's Congress, which would come into force from July 1, 2004....more
by Textile Excellence
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China-US textile consultations to begin today
China and the US will begin its discUSsions today to decide upon the new measures that US would impose on the imports of knit fabric, dressing gowns and bras from China......more
by Textile Excellence
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CHINA: Textiles see steady Q1 growth - CNTAC Official
China saw its textile industry steadily grow during the first quarter after the end of global trade quotas, according to Sun Huaibin, director of the Press Center of the China National Textile and Apparel Council (CNTAC)....more
by Textile Intelligence
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Cotton information JV formed in China
Cotlook Ltd, the world's leading cotton and textile market information provider has established a joint Venture (JV) in Beijing......more
by Textile Excellence
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Forecasts indicate decline in Chinese cotton prices
The price of cotton crop in China is stable and likely to decline with the entry of new cotton in the market......more
by Textile Excellence
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China: Central Bank to adopt stringent monetary policy
According to the recent announcement by China's Central bank, it would soon put in place an "appropriately tightened" monetary policy......more
by Textile Excellence
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NYCE cotton futures touch another five year high
The New York Cotton Exchange (NYCE) Cotton futures, rose higher and closed at another five-year high on fresh speculations and options buying....more
by Textile Excellence
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Low export pricing could invite anti-dumping action on China
A leading industry association warned on Friday 20th January in Beijing that, the dwindling unit price of Chinese textile exports to the United States and the European Union last year may lead to more anti-dumping measures from the two major markets this...more
by Textile Intelligence
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China's textile producers to develop their own clothing label to offset competition
The Chinese textile producers have a view that they should develop their own clothing label which will help the tough competition and higher costs for labor, energy and transportation. Chinese garment makers still lag far behind in developing their own br...more
by Textile Intelligence
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China: CNTAC enters into a JV with a US company
China National Textile and apparel Council (CNTAC has entered into a Joint Venture (JV) with CNTextile LLC, a US company......more
by Textile Excellence
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Hong Kong textile sector eyes China for expansion moves
Textile firms are reportedly looking forward to cash on the fast growing trend of shifting their manufacturing bases to Mainland China......more
by Textile Excellence
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China: Cotton prices likely to fall
According to National Development and Reform Commission reports, the cotton prices in China are expected to decline......more
by Textile Excellence
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China would not dominate global market in 2005
According to Mr Cao Xinyu, the Deputy Director of China Chamber of Commerce of Import and Export for textiles, this will not be true as China would be unable to monopolise the global market even if the quotas are lifted...more
by Textile Excellence
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China’s textile machinery industry output rises up to 23%
China's textile machinery industry has been on a rise of 23.42% year-on-year. Last year the industry has generated an industrial output of Rmb46.947 bln. This was seen in a survey conducted among 731 textile machinery suppliers across the country by the...more
by Textile Intelligence
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Textile and clothing trade rise almost 18%
China Textile Industry Association revealed that the gross imports and exports of Chinese textile and apparel products amounted to US $134.63 billion in 2005, a 17.9 percent rise over 2004. Textile trade included 9.5 percent of the country’s foreign trade...more
by Textile Intelligence
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China's textile sales reach a record 407 bln dollars in 2005
In 2005, China's textile sales reached 3.3 trillion yuan (407 bln dollars) surging 115.7 % from 2001, the official Xinhua news agency reported. Apparel exports reached 116 bln dollars in 2005, up 118.9 percent from five years ago, Xinhua said, citing Chi...more
by Textile Intelligence
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Chinese textile exports goes up by 23.2%
An increase of 23.2 % compared to 2004 has been achieved by China this year, with foreign trade reaching US$ 1.4 trillion. Imports reached $762 bln, which was 28.4 % and exports touched US$ 660 bln which was 17.6 %, according to the China Customs repor...more
by Textile Intelligence
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China's Textile Export Estimated at USD 116bn
China is predicted to export USD 116 billion worth of textiles, and the textile enterprises above the designated size generated about CNY 2 trillion in sales revenue and some CNY 66 billion in profit in 2005, according to China Chamber of Commerce for Imp...more
by Eastday.com
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Agreement between Sino-US restricts certain exports to US
China and U.S has signed a 3 year agreement to limit certain export of Chinese textiles and apparel to the US market. This has come to existence from 1st January 2006 as said by Mr. Mei Xinyu, a research fellow with the Chinese Ministry of Commerce....more
by Textile Intelligence
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The Shanghai Shenda Import and Export Co. grabs the first textile quota certificate
“I see a good sign for China's export in 2006,” said Mr. Yao Xiyi, General Manager of Shenda upon receiving the quota for producing 1,210 boxes of 12 man's shirts destined to the U.S. market. “The year 2005 was very turbulant for China's textile and garme...more
by Textile Intelligence
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EU trade complaints comes apart
China's clothing manufacturers have had a bumper year for European sales. The latest European Union trade figures show that China's textile exports to Europe surged by more than 40 per cent in the first eight months of the year, but European imports of te...more
by Textile Intelligence
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Chinese exports grows manifold
In the first ten months of this year, China exported its textile goods to 224 overseas markets, said the Ministry of Commerce on Wednesday. During the ten months, 17 countries witnessed their textile imports from China exceed 1 billion US dollars, inclu...more
by Textile Intelligence
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Chinese exports grows manifold
In the first ten months of this year, China exported its textile goods to 224 overseas markets, said the Ministry of Commerce on Wednesday. During the ten months, 17 countries witnessed their textile imports from China exceed 1 billion US dollars, inclu...more
by Textile Intelligence
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China allots EU Textile Quotas to exporters for the year 2006.
China's Ministry of Commerce has announced the allotment of textile quotas for EU for the year 2006 to Chinese textiles exporters last week....more
by Textile Excellence
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EU delegation arrives in China to discuss Textile Quota issues
To discuss the issues arising after the quota restriction by EU, delegates from European Commission has arrived in Beijing...more
by Textile Intelligence
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China to regulate its textile exports, place tariff on some products
China has declared that it would place tariffs on some of its textile exports......more
by Textile Excellence
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China imposes anti-dumping duty on Taiwanese fiber imports
Claiming that the Taiwanese imports of polyester fiber have been hurting the domestic fiber manufacturers, China has imposed anti-dumping tariffs......more
by Textile Excellence
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China’s exports soar
China's exports of textiles and apparel reached US$18.8 billion in the first quarter of 2004, up almost 25% on last year, fueling fears that it will overrun the market after quota abolition in 2005....more
by Textile Excellence
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China: Polyester filament fabrics’ exports upsurge
Records suggest that China’s exports of dyed fabrics made from textured yarns surged, with sales rising by almost 80-100 percent quantitatively from January to April 2004......more
by Textile Excellence
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China: Household textiles’ exports grew 29% in 2003
Statistics revealed by Chinese Customs officials suggest that China’s exports of household textiles surged almost 29 percent to reach US$8.509 billion......more
by Textile Excellence
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India: Yarn exports to China for Jan-Feb shot up 221.72%
India's cotton yarn exports to China has registered an impressive 221.72 percent growth for the period of January- February 2004......more
by Textile Excellence
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EU to increase textile quotas for Chinese traders
Along with the enlargement of EUropean Union on May 1st this year, the quotas set by the Union for Chinese textiles are to witness expansion as well....more
by Textile Excellence
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China's raw cotton imports value $613m in Jan-June
According to the figures released by the China's customs officials, the country's imports of raw cotton reached nearly 490,000 tons in the first half of 2003...more
by Textile Excellence
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China: Higher intermediate cost affects polyester performance
The rising cost of petroleum has led to increase in the price of PTA, MEG directly affecting the price of end product, i.e. polyester and the operational environment of the downstream sector.....more
by Textile Intelligence
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China's Textile and Clothing exports increase in June, July
According to the industry sources, China's textile and clothing exports continuing with the growing trend and performance of June and July are impressive....more
by Textile Intelligence
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East China’s major cotton producers to increase production
Rising raw cotton prices together with an increased use of modern cotton growing techniques have reportedly encouraged the cotton growers of Shandong and Jiangxi Province to increase their crop production....more
by Textile Excellence
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China's cotton production to touch 12-year high mark
The latest forecasts by Cotton & Ramie Bureau of National Federation of Supply & Marketing Coope-ratives suggests that China's cotton production of the country would hit a 12-year high of 5.5 millions tons in 2003....more
by Textile Excellence
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China: Jiangyin Huahong starts Melt-Direct-Spinning PSF project
Jiangyin Huahong has formally started the Melt-Direct-Spinning PSF Project on Jan 24th 2005....more
by Textile Intelligence
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China: Shandong Helon VSF expansion project hit fresh record in output and quality
40kt/yr viscose staple fiber expansion project of Shandong Helon Co., Ltd started commissioning production on Jan 7, 2005 and produced on-spec product on Jan 9....more
by Textile Intelligence
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China: Zhenhai to start largest Paraxylene plant
The robust Petrochemical market has prompted Zenhai Refining & Chemical company a sister concern of China’s second largest oil major Sinopec, to start China’s largest Paraxylene (PX) plant early in February 2005...more
by Textile Intelligence
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China Direct enters apparel-sourcing JV
The Florida-based global importer and exporter China Direct Trading Corp, has initiated a new division to source apparel and textile products from China....more
by Textile Excellence
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Shenma Group begins 100,000 Tons of Nylon 66 project
Henan Shenma Nylon Chemical Co., a wholly owned subsidiary of China Shenma Group, has begun the construction of 100,000 tons of nylon 66 project......more
by Textile Excellence
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Texcare Asia 2005 to be held in Beijing
Texcare Asia - an International Fiar for Modern Textile Care - would be held for the very first time in Mainland China from 10th-12th November 2005......more
by Textile Excellence
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CHIC 2004 at Beijing and with difference
This year, the CHIC (China International Clothing and Accessories Fair) will be held with a difference. Instead of a single event, CHIC 2004 will be held in two sets......more
by Textile Excellence
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