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WASHINGTON -- U.S. textile industry officials expressed support Monday for a plan to limit imports of Chinese textiles and clothing over the next three years.
The trade deal was to be announced Tuesday by U.S. Trade Representative Rob Portman and Chinese Commerce Minister Bo Xilai in London.
Cass Johnson, president of the National Council of Textile Organizations, was among industry officials briefed on the agreement ahead of the announcement. He said it meets the industry's key demands for pr
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China and the United States are close to an agreement on the textile frictions, with hopes that the two-way textile trade situation will soon be stabilized.
Anonymous US officials were quoted by AP (Associated Press) as saying that the two countries had made agreements on certain principles at the seventh round of talks on this issue, held last week in Washington.
They said the deal, similar to the one between China and the European Union signed back in June, would govern China's textile exp
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South Africa's clothing industry will not be protected from surging Chinese imports. Trade Unions and manufacturers have urged Pretoria to invoke safeguard measures. The government believes industry should instead be more dynamic. The textile crisis is also being blamed on the strong rand.
The South African government has told industry and trade unions it will not be pursuing safeguard measures to limit cheap surging Chinese apparel imports.
No China confrontation
Soaring Chinese imports have
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It is known that annual sale amount of children's clothes reach 6-8billion pieces, increased by 8% annually in recent years. What's more, It is forecasted that a giant children consumption market will appear in China after 2005 due to the coming 3rd procreation summit.Besides, About 2.5million potential children wear consumers will be added as the citizen drifting from village have fixed income to buy more children's wear. However, there is the phenomenon that no medium-priced children's wear ca
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Industries in Denmark need to develop markets and products continuously to flourish with innovation as means for development and maintaining Denmark's prosperity, says Bendt Bendtsen, Minister of Economic and Business Affairs.Growth Report published by government provided Bendtsen an opportunity for explaining methods with which Danish industry could continue to gain.Danish textile industry, 'one of globalisation's winners', is required to improve products, production techniques and marketing po
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WASHINGTON -- The Bush administration has a tentative agreement with China on imports of Chinese clothing and fabric, a deal that would resolve a festering dispute between the two nations, industry sources said.Although a few details remain to be resolved, the agreement is likely to be signed in the coming week by U.S. Trade Representative Rob Portman and Chinese Commerce Minister Bo Xilai, according to the sources, who spoke on the condition of anonymity because they had learned the details fro
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HYDERABAD: After a Cabinet meeting here on Wednesday, the State Government announced a new textile and apparel promotion policy which will allow liberal allotment of land and concessions to weaving, kitting, processing and garment units.
The policy aims at arresting diversion of cotton to other States such as Tamil Nadu which are earning huge revenues after making value addition and providing employment to 15 lakh persons by 2010.
The textile and apparel parks will be notified as "essential
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New Delhi: Vesting the task of making India the world's fashion capital with the National Institute of Fashion Technology, President A.P.J. Abdul Kalam on Thursday suggested that the institute should begin by working to triple garment exports in the next three years. "For increasing the exports of apparel and garments from six billion dollars at present to 18-20 billion dollars, intense collaboration between NIFT, Textile Research Associations, textile industrialists and the government would be
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BEIJING, Wed: China’s textile sector is looking to shift some production offshore as it braces for the announcement this week of more limits on its exports to the US, industry insiders said.
A ruling by Washington on safeguards against five categories of Chinese clothing is set to add new urgency to the strategic rethink under way among textile makers.
Edward Cheung, an analyst with Hong Kong-based Tai Fook Research, said major Chinese manufacturers are considering moving part of their
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WASHINGTON - The Bush administration Wednesday reported progress in talks this week with China on an agreement to limit the amount of Chinese clothing and textile products coming into the United States.
The negotiations in Washington from Sunday through Tuesday produced ``substantial progress on a large number of issues,'' David Spooner, the administration's special textile negotiator said in a statement. ``We look forward to meeting again soon.''
In contrast, after the previous negotiating se