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  • European Union is currently conducting investigations in to large-scale imports of certain footwear categories, which follows the textiles issue that recently subsided.European Branded Footwear Coalition (EBFC), which represents organizations and brands from Europe, issued a warning over the investigation stating that such measure would create a negative impact on the European Union industries. Of prime concern for the Council is the fact that it (EU) targets all leather footwear imported from C
  • Severely affected by cheap towel imports from Mainland China, towel producers from Taiwan have sought government intervention.In an appeal to the Ministry of Economic Affairs (MOEA), they have sought investigation of cheap imports from China possible hike in tariffs within 70 days at the earliest on the towels imported from the mainland. Also a proposed rise to 50 percent instead of current 10.5 percent of import duty, has been suggested in the appeal.Towel Makers Association, media sources stat
  • US textile leaders believe there is a best a 50-50 chance the United States and China will be able to agree on a comprehensive approach to textile and apparel import quotas, so they are pushing ahead aggressively with a series of new petitions to place temporary quotas on imports. Last week, the textile industry? three leading lobbying organizations and the labor union UNITE-HERE petitioned the US government to renew for another year quotas on 16 product categories worth some $3.4 billion that a
  • PBC (People's Bank of China) Monetary Policy Committee's regular meeting for the third quarter of 2005 was held recently in Beijing. The meeting is of the opinion that current financial operation is generally good. Reform on exchange rate formation mechanism is being implemented steadily. RMB exchange rate has realized two-way floating and expected RMB long-term appreciation is showing signs of shrinking. The meeting discussed the orientation and measures of monetary policy for the next stage an
  • BEIJING - China's textile deal with the European Union will not affect next year's exports to the continent, Commerce Minister Bo Xilai said in an interview published on the ministry's website. AFX reported. Bo said the number of garments to be added to next year's quota is 'quite small' but added that the textile agreement was fair and satisfactory to both China and the EU. Earlier this month, the two trade partners reached an agreement allowing millions of Chinese textile products, which h
  • The National Development and Reform Commission has allocated 894,000 tons of import quotas of cotton, the first load for next year. "The quotas will be allocated to enterprises at the end of this year," said Wang Jianhong, deputy-secretary general of the China Cotton Association. The government may also issue additional quotas for 2006 at any time, according to supply and demand as well as prices at the time. "The gap between China's domestic cotton production and demand may exceed 3 milli
  • Consumers continuing to seek ways to simplify their lives and cut back on time-consuming domestic activities, Horgen, Switzerland based Dow Fiber Solutions is bringing differentiated fibers and process improvements to the textile industry presents DOW XLA fiber - a revolutionary fiber - the first and only stretch solution that can be combined with true non-iron finishes to create the ultimate shirt for today's busy lifestyles. According to a national survey by Whirlpool Company(1), ironing ranks
  • The milestone advancement was pioneered by scientist Guo Sandui and his team at the Chinese Academy of Agricultural Sciences. The breakthrough won wide acclaim from officials and experts over the weekend. Building on his success of insect-resistant, genetically-modified cotton, of which 2.3 million hectares was planted this year, Guo's research team in 1999 started to work out a molecular breeding system for hybrid cotton. After years of hard work, Guo, the "father of Chinese Bt transgenetic cot
  • Commonwealth Scientific and Industrial Research Organisation (CSIRO) cotton breeders received innovation award.CSIRO Plant Industry's cotton breeding team won Innovate Australia's Australian Government Prize for Rural Innovation from hundreds of rural innovation contenders Australia-wide. Presented at Parliament House in Canberra by the Deputy Prime Minister, the Hon. Mark Vaile, the award for excellence in rural research and development was accepted by Dr Jeremy Burdon, Chief of CSIRO Plant Ind
  • Chinese Customs authorities revealed that polyester output for August on year to year basis rose 16.30 percent.At 16.30 percent, the polyester production went up to 1.37 million tons.However, this was down 2 percent from July, this year.Key polyster production areas of Jiangsu and Zhejiang accounted for 959,500 tons, that is 70 percent of country's output. Jiangsu alone contributed 423,700 tons, shooting up 21.19 percent from previous year's output, while Zhejiang's production rose 24.87 percent
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