"No! A lower price is impossible!" Miao Renzan firmly told a disappointed Dutch buyer at the 99th China Export Commodities Fair, the largest of its kind in the country, which is being held in the southern Chinese city. The buyer, who wanted to to be mentioned as Hellen from Hellenia Shoes company in the Netherlands, asked for a discount as the European Union had announced anti-dumping duties on leather shoes from China beginning April 7. The stance of Miao, sales manager of leading shoem

German leather and fur exhibition Fur & Fashion Frankfurt attracted 8,442 trade visitors from 9th to 12th March, an increase of 8.5 percent over the last year. Some 47 percent of the buyers came from abroad with a considerable representation from Austria, Switzerland, Scandinavia, the Benelux countries, Spain and Turkey.Fur & Fashion Frankfurt presented everything that had to do with fur fashion under the Frankfurt fair tower. Highlights were the up-to-date product ranges of the skin mer

US imports of men's and women's cotton denim trousers have fallen 11 per cent in volume during the first two months of the year. Imports from China decreased heavily while Hong Kong and Macau shipments surged. Bangladesh, Vietnam and Nicaragua were other origins favored by US buyers. Prices were stable. US imports of men's and women's denim trousers have fallen 11 per cent in volume during the first two months of the year with shipments from China significantly lower. As a consequence of n

Contrary to the initial pessimism that the end of quota regime governing global trade in textiles and clothing on January 1, 2005 has not produced any dramatic gain to India, textiles and clothing exports from the country clocked 26 per cent growth in dollar terms during 2005-06, the first full year of free trade in textiles. Latest official figures compiled by the Ministry of Textiles conclusively show that textile exports from India during the penultimate year of the 10th Five-Year Plan (2

CHINA aims for a 20 percent increase in imports and exports of high-tech products this year, a senior commerce ministry official said. Chang Xiaocun, head of the science and technology division with the Ministry of Commerce, disclosed the target during the 99th China Export Commodity Fair, the country's largest trade event that opened on Saturday in Guangzhou, capital of south China's Guangdong Province. The Chinese government has been trying to move its exports up the value chain to help buoy t

Statistics Sweden released the Inflation Rate for the Month of March 2006.It stated that the consumer prices increased on average with 0.7 percent from February to March. The annual inflation rate in March was 1.1 percent (0.6 percent in February and 0.1 percent in March 2005). CPI for March 2006 is 282.89 (1980=100).To the total increase in the Consumer Price Index (CPI) higher prices on clothing (8.1 percent) contributed with 0.4 percentage points. Higher prices on housing (0.7 percent) also c

Silk cluster has been granted a loan of $37 million which will be used to revamp and enhance manufacturing facilities. This cluster is a group of 12 manufacturers who will all receive loans.Production under this project will commence in 2008.Major export destinations include Germany, Greece, Japan, Italy and Turkey while only seven-eight percent of the total output will be consumed by domestic market.This will help cope with the rising demand for quality silk in international market. Source:

The European Union's anti-dumping duties on Chinese shoes are likely to affect the transaction of footwear at the 99th China Export Commodities Fair which is to open on Saturday in Guangzhou, the organizer said on Thursday. "As the EU has decided to impose tentative duties on Chinese shoes, most European buyers will be cautious when they place an order," said Xu Bing, spokesman with the organizing committee of the fair. Altogether 946 Chinese footwear makers were present at the 98th fair las

China and the United States wrapped up their annual trade negotiations here Tuesday with consensus reached on a series of issues. At the day-long meeting, the two sides agreed that the China-U.S. High Technology and Strategic Item Trading Working Group will be established under the China-U.S. Joint Commission on Commerce and Trade (JCCT) framework, the officials said at a press conference on Tuesday. The two sides also agreed to continue the Informal Steel Dialogue, start and strengthen the i

Washington based BISNIS informed that Uzbekistan plans by 2008 to increase cotton fiber processing to 50 percent of production from 26 percent last year, First Deputy Prime Minister Rustam Azimov said at a presentation of a government support program aimed at attracting investment to the textile industry in 2005 - 2008.Uzbekistan plans about 100 investment projects in the next four years to modernize and set up new production in the textile industry worth more than $1 billion, increasing export