BOTH Chinese textile firms struggling to survive and US retailers require a trade dispute settlement between the two nations as soon as possible. "Our time is running out, but I can only get some marginal products. Can we expect American consumers to take towels instead of pants next year?" American businessman Johnason Lee said. He was attending the 98th Chinese Export Commodities Fair that opened on Saturday in Guangzhou, Guangdong Province. Deals struck at the biannual event normally make up

Executives of apparel firms in the United States were watching closely Wednesday as negotiators of the United States and China met in Beijing to try to resolve a textile dispute in their new round talks.The US government this year imposed quotas on some Chinese apparel and textile goods under pressure from domestic manufacturers, and three rounds of negotiations earlier between the two countries had made no results in striking a deal to end the dispute.The dispute has been painful for many US ap

Situation faced by China on the US textile front seems to bring opportunities for its neighbours, specially Taiwan, to step up its exports to the US market.Premier Frank Hsieh has urged Taiwan's textile manufacturers and exporters to grab the opportunity, even as he has instructed relevant government agencies to spur textile and garment exports to the United States.Taiwanese textile and apparel exports in the recent years have reached US $12.5 billion annually, while its imports from the US have

During the recent one year, the situation of international textile market is changing stealthily, the demarcation of manufacturer is more and more clear and professional according to the chain of products within the global textile market limits on one hand and the competition is more and fierce on the other. Since China entered WTO, the amount of Chinese textiles exporting have a high-speed increase due to the cancellation of textiles quotas to China textile products from other countries and som

BEIJING - China and the United States failed on Thursday to cut a deal to regulate China's booming textile shipments, immediately prompting American manufacturers to seek curbs on imports of towels made in China. With time running out for an agreement before year-end, the stalemate means U.S. retailers will face uncertainty about just how much they will be able to import from China until the end of 2008, when curbs on its textile exports will lapse. "We have not come to an agreement that meets

The European commission is set to re-table its proposal for a ?bn package to help countries affected by globalisation and industry restructuring. The ?rowth adjustment fund?proposal will be included in a paper the commission is to adopt next Thursday (20 October) and is to be presented at a meeting of EU leaders later this month.The Commission was asked to come up with an idea on what Europe should do to meet the challenges of globalisation - but the fund it is proposing is directly linked to ne

China and the United States yesterday kicked off a new round of talks in Beijing, harbouring hopes to find a comprehensive solution to settle the long drawn-out disputes in this round. The Chinese delegation is headed by Lu Jianhua, director of the Foreign Trade Department under the Ministry of Commerce while David Spooner, special negotiator for textiles at the US Trade Representative's Office, leads the US side, according to the Chinese Ministry of Commerce. The closed-door meeting, held i

China and the United States hold a new round of textile talks Wednesday but the Chinese industry is pessimistic that progress can be made, blaming Washington's insincerity for the stalemate. The two-day talks in Beijing are aimed at forging an agreement to regulate Chinese textile exports, which have soared since global quotas were scrapped on January 1. The last round of negotiations ended without agreement in Washington last month. Sun Huaibin, spokesman for the China National Textile Appar

Fears that China would swallow up between a third and 50 percent of all world textile trade with the end of a global export quota system earlier this year have not materialised, the International Labour Organization (ILO) said in a report Tuesday. On January 1, all quotas on textiles and clothing exports came to an end, sparking fears that China would flood the market, undercutting competitors in Europe, the United States and crucially, many parts of the developing world. In the event, however

The threat posed by surging post-quota Chinese exports has not been as great as predicted. A report by the ILO identifies reasons such as safeguards and China's development away from labour-intensive manufacturing industries contributing to lower than expected export growth rates. Other Asian nations such as Bangladesh and Cambodia are doing better than previously expected whilst India has had mixed results. Ahead of its meeting in Geneva, the International Labour Organisation (ILO) has publish