China and the United States have no interest in a so-called trade war, said experts on Thursday, pointing to significant progress in the implementation of the China-US 100-day action plan, particularly in agricultural, energy and high-end manufacturing products trade. Their comments came after the Chinese government last month lifted a 13-year ban to allow certain categories of US beef to be imported into China. They will also jointly announce the conditions on imports of US chicken products

Despite having huge potential in home textile, Bangladesh is unable to expand its market share in the European Union because of duty benefits extended to Pakistan, a cotton grower. Bangladesh, on the other hand, is a 100 percent cotton importer. In December 2013, the 28-nation bloc granted Pakistan the GSP Plus status for four years. The GSP Plus status allows 20 percent of Pakistani exports, including home textile, to enter the EU at zero duty and 70 percent at preferential rates. “Ban

RadiciGroup, a multinational company engaged in the chemicals, plastics and synthetic fibres businesses, has reported a sales revenue growth in the first half of 2017, but slightly lower sales revenue of EUR 946 million in 2016, with sales volume in line with 2015. EBITDA for the financial year was EUR 110 million (+8%). “The Group is solid and well organised. The slight drop in sales revenue can be attributed to the falling trend in raw materials prices, which thus affected our figures. The

Khadi Board has given some style to kanwarias attire even as the devotees ready themselves for the trip. The Jharkhand State Khadi Board has designed specially knitted orange coloured garments for men and women to be sold on discounted rates. The new items introduced include designer bags, kurtis, patiala salwar suits, Nehru jackets in saffron colours. "We have specially designed garments for devotees. These have been designed by artists from Hariharganj who have used cotton threads to make

As gender norms become less and less restrictive in society, the idea of carrying a tote or small crossbody was no longer seen as just a feminine thing. If a woman could carry a handbag, a man could to. Between that and the era of "peacocking" menswear has entered, men's fashion lovers are now fearless when it comes to drawing attention to themselves. As the men's wear market is also seeing continuous growth, brands are capitalizing on every category possible too. What may have seemed like

CHINA'S foreign trade expanded at the fastest pace since the second half of 2011, buffering the economy from a slowdown amid headwinds at home and abroad. Exports in yuan-denominated terms rose 15 percent year on year in the first half of this year while imports increased 25.7 percent, customs data showed Thursday. That led to a trade surplus of 1.28 trillion yuan (188 billion U.S. dollars) in the same period, down 17.7 percent year on year, according to the General Administration of Custo

Taking advantage of lower average unit prices, home textiles imports from outside the EU-28 increased in 2016, according to The European Apparel and Textile Confederation, Euratex. During the year, EU imports of menswear showed 0.5 per cent increase in value and 4.4 per cent in volume terms, while imports of womenswear increased 0.8 per cent in value. “Activity in homebuilding varied widely depending on the Member State, and purchasing of homeware followed suit,” Euratex states in its Bulleti

The area under cotton cultivation is likely to increase by at least 20 per cent to 17.5 lakh hectares in Telangana during the current kharif season, compared to the fibre grown on 14.10 lakh hectares last year. As a result, cotton production in the state is expected to increase to around 19.15 lakh bales, minister for marketing, T Harish Rao has said. He was speaking after the inauguration of the third branch of the Cotton Corporation of India (CCI) in Telangana at Mahabubnagar. The CCI alrea

Brazilian government has taken the initiative to boost the production of cotton in East Africa by improving the techniques of cotton farming and through training professionals. Assistance to cotton farmers with the availability of better cotton varieties, irrigation projects, and transparent pricing will boost cotton production in African countries. Cotton Victoria Project, a partnership between Brazilian Cooperation Agency (ABC), Brazilian Cotton Institute (IBA), Federal University of Lavras

The second-hand clothing has continued to enter the market and now chews a huge chunk of the clothing market. Zimbabwe Clothing Manufacturers’ Association chairperson, Jeremy Youman said that this shows import licensing is not being applied by the government, nor the correct duties being applied by Zimbabwe Revenue Authority (Zimra). Duty is payable at 40 percent plus $2,50 per kg on the value of the clothing. It is irrelevant because they were sourced for free or at a minimal cost. Youmans s