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Hong Kong's trading in cotton denim fabrics continued soaring in the first half, boosted by higher sales to China and to other low-cost countries such as Bangladesh. Hong Kong's denim exporters are taking advantage of the rebound in Asian clothing production in the post-quota period. Unit values fell in the first part of the year in addition, partly due to lower cotton prices.
Hong Kong's re-exports of cotton denim fabrics (HS 520942) were up more than 32% in volume terms in the first part of t
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Washington (AP) - Shoppers who enjoyed a sustained drop in clothing prices over the past year are likely to see markups on pants, shirts and dresses if the Bush administration gets China to agree to comprehensive limits on its clothing and textile exports.Since a three-decade system of clothing and textile quotas expired Jan. 1, there has been a flood of clothing and textile imports entering the United States from China.Those shipments are up 58 percent so far this year, an increase that has pla
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WASHINGTON -- When U.S. and Chinese textile negotiators sit down today, the administration's effort to help beleaguered American manufacturers could end up costing consumers some of the sweet deals they have been enjoying on clothing prices.
Some experts say America's clothing bill could rise by $6 billion or more annually if domestic producers get what they want -- a comprehensive deal limiting a broad array of Chinese imports.
Gary Hufbauer, a top trade expert at the Institute for Internat
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PETER MANDELSON, the Trade Commissioner, is to convene crisis talks between European Union member states over Chinese clothing quotas, amid fears that retailers will face shortages and price rises this autumn, The Times has learnt.
The talks, to take place as early as this week, come as goods bound for Europe from China, worth an estimated ?0 million, have built up in ports because quotas on jumpers and trousers, which were imposed last month, have been filled. Quotas on bras, T-shirts and blo
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Hong Kong's trading in cotton denim fabrics continued soaring in the first half, boosted by higher sales to China and to other low-cost countries such as Bangladesh. Hong Kong's denim exporters are taking advantage of the rebound in Asian clothing production in the post-quota period. Unit values fell in the first part of the year in addition, partly due to lower cotton prices.
Hong Kong's re-exports of cotton denim fabrics (HS 520942) were up more than 32% in volume terms in the first part of t
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Vietnam's footwear exports rose in July to reach $300 million in revenue, a 20 percent rise comparing the same period of last year, informs Ministry of Trade.Total export turnover for the initial seven months of this year was over $1.7 billion, and the industry is likely to reach export turnover of $3.4 billion this year, despite the dumping suit was filed against Vietnamese producers by European footwear makers.The ministry credited the optimistic performance to entry in Netherlands, Taiwan, Ja
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According to the official website of the Chinese Ministry of Commerce (MOC), the European Union (EU) will not permit import of China-made trousers shipped from July 12, 2005. The German Association of Importers of Finished Goods had sent a notice to MOC that the new data released by the European Commission (EC) shows that on August 9 the export quota of China-made trousers to EU had surpassed the maximum limit of 104,405,000 agreed on June by the two sides. The Association has joined other Europ
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Acrylic fibers have entered a phase of a steep rise for the first time since 1995. Rising prices last year maintained their upward momentum. In the prevailing environment, however, it is difficult to increase finished products prices.
This report covers acrylic fibers and Modacrylic fibers, with special emphasis on acrylic fibers. Acrylic fibers are a fiber composed of long-chain synthetic polymers including at least 85% by weight of a repeating unit of acrylonitrile groups. Modacrylic fibers
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THE Government has set out the guidelines for the `Scheme for Integrated Textile Parks (SITP)', aimed at establishing 25 new textile parks of international standards with world-class infrastructure facilities and based on public-private partnership.
Born out of the merger of two extant schemes - the Scheme for Apparel Parks for Exports and the Textile Centre Infrastructure Development Schemes - the SITP gives the option for switchover to the new scheme to the ongoing projects under the earlier
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Germany on Monday joined a growing chorus of European countries asking Brussels to relax curbs on Chinese textile exports. Retailers now expect that women's blouses and bras will soon join the list of clothing items blocked in transit between China and Europe.
The shipment difficulties have arisen since China breached its 2005 export quotas for sweaters and men's trousers, two of the 10 categories covered by a China-EU textiles agreement signed in June.
By on Monday, China had exhausted 89 per