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USDA: Yarn Exporters Impacted by China’s Policy Change.

By   /  July 15, 2014  /  Featured News, Yarn & Fibre  /  No Comments

Washington DC, United States – China’s price support program, introduced in 2011/12, raised internal market prices for cotton substantially above world prices. Consequently, yarn, fabric, textiles, and apparel made from domestic cotton became less competitive compared to similar products containing man-made fibers or cotton from outside of China. As

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Chinese Policy Hits Yarn Production and Exports of Pakistan.

By   /  July 14, 2014  /  Yarn & Fibre  /  No Comments

Karachi, Pakistan – The reversal of cotton policy by China has hit Pakistan’s yarn production and yarn export, reveals a report recently issued by the State Bank, quotes Dawn. China has been building cotton stocks since 2011 by offering higher than competitive prices to local farmers. The consequent widening of the gap between international and […]

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Economists in Vietnam Urge to Lessen Dependence on China.

By   /  July 12, 2014  /  Other Textile News  /  No Comments

Hanoi, Vietnam – Economists are urging Vietnam to diversify its trading partners as an over-reliance on the Chinese market may prove problematic as territorial tensions continue rise, reports Thanh Nien News. A dispute over portions of the East (or South China) Sea has threatened the future economic

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Online Clothing Sales of China to Reach 615 Billion Yuan.

By   /  July 10, 2014  /  Apparel & Fashion, Featured News  /  No Comments

Shanghai, China – The online garment transactions are expected to reach 615.3 billion yuan (about $98.5 billion) in 2014, said China E-Commerce Research Center, quotes China Daily. The figure is increase of 41.5 percent and expected to cover about 22 percent of total online transactions in 2014, said the CECRC forecast, with online platfroms and […]

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China Cotton Acreage Estimated to Decline by 12.6%.

By   /  July 4, 2014  /  Cotton News, Enewsletter, Featured News  /  No Comments

Beijing, China – According to survey of China Cotton Association, the cotton acreage of this year estimates to be 4.08 million hectares, 12.6% down over the year. From the cotton sowing to the end of May, weather conditions in cotton regions nationwide is not as good as last year. The cotton planting has completed to 98.8%, […]

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HSBC: Manufacturing Output in China on the Rise.

By   /  July 2, 2014  /  Other Textile News  /  No Comments

Beijing, China – Chinese manufacturers signalled the first improvement in overall operating conditions for six months in June. Output rose for the first time since January, and at a moderate pace. Growth was supported by the strongest expansion of total new work since March 2013, while new export orders rose for the second month running. […]

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Trade Deficit of South Korea with China in Textile and Clothing Hits US$1.43 Billion.

By   /  July 2, 2014  /  Other Textile News  /  No Comments

Seoul, South Korea – South Korea’s trade deficit with China in textiles and clothing reached US$1.43 billion in the first five months of this year due mainly to the inflow of cheap goods, a report showed, quotes Yonhap News Agency. In the January-May period, South Korea imported $2.47 billion worth of goods and shipped some […]

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Chinese to Boost Investment in Zimbabwe’sTextile Industry.

By   /  July 1, 2014  /  Other Textile News  /  No Comments

China / Tanzania – Impressed by the progress of the textile industry in Tanzania, Chinese Vice President, Li Yuanchao during his visit to the country pledged increased investment by his countrymen should the industry, reports IPP Media. “Continued improved performance by the sector will help attract more Chinese investors to Tanzania for the benefit of […]

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Chinese Firm Keen to Invest in Textile City in Pakistan.

By   /  June 27, 2014  /  Other Textile News  /  No Comments

Islamabad, Pakistan – A Chinese company has expressed its keen interest in investing in Pakistan Textile City in Karachi, an industrial zone dedicated to the textile processing and related industry, reported The News International. Representatives of CGGC (China Gezhouba Group Corporation) told Minister for Textile Industry Abbas

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Chinese Group to Invest $2 Billion to Set up Largest Spinning Unit in Pakistan.

By   /  June 17, 2014  /  Yarn & Fibre  /  No Comments

Faisalabad, Pakistan – A major Chinese group has purchased about one-fourth of land in an industrial zone, run by the Faisalabad Industrial Estate Development and Management Company, and is expected to make an investment of $2 billion to set up a big cotton spinning facility, reports

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