Beijing decided on Monday to remove export tariffs on 81 lines of products after US and EU reimposed quotas on apparel imports from China. Export tariffs will still be applied on 68 other lines but they will not be raised from June 1, the Ministry of Commerce announced. As a clear sign that a trade war is looming between China on one side, the United States and the European Union on the other side, Beijing Monday decided to scrap export tariffs on no less than 81 products. Tariffs will be main

Despite remarkable trade during 2003 and 2004 between Switzerland and India, it was the protectionist barriers and long winding procedures that imepede the growth in trade.There were "far too many obstacles" while treading the Indian markets with "very high" trade barriers and "heavy" bureaucracy. Calling trade barriers high as compared to ASEAN countries, it is still not easy to trade with India, according to Anne-Pascale Krauer Miller, Head of Bilateral Economic Relations (Asia/Oceania) in the

A unique fashion show was held in North Korea, organized by a South Korean apparel manufacturer.Nearly 20 South Korean actress and fashion models participated in the show and displayed clothes made by inter-Korean joint industrial complex workers, at Kaesong. More than 500 people, including government officials, businessmen and person from media were presented at the show to watch the fashion show arranged by Shinwon Co.In South Korean, Shinwon is the first company to deliver clothes made at the

SHANGHAI: The factory hasn't stopped in weeks. That's three shifts a day, seven days a week, and four weeks a month. And there doesn't appear to be an end in sight. Hundreds of workers at Shaoxing Sunshine Garment Co in Shaoxing, a city in East China's Zhejiang Province, are putting in overtime, working their fingers to the bone. But the busy humming of the machines is anything but music to managers' ears. The flurry of activity is nothing more than a desperate attempt to beat the likely dea

Vietnam boosted its footwear exports to the US by 30 per cent in the first four months of 2005, the Viet Nam News Agency reported. Gross exports during that period totalled $111.9 million, representing the largest turnover of all the country? main footwear markets. According to Vietnam? Ministry of Trade, the figure will continue to grow over the next few months, affected by the US? restriction of Chinese shoes and Brazil? unfavourable currency environment. Vietnam has also report

Despite the Prime Minister's request to avoid power cuts in the North, specially for the major foreign exchange earning garment and textiles industry, the pleas have gone unheeded causing immense losses and missing of delivery schedules. The fertilizer and steel industry is also suffering heavy lossess due to power shortages which have affected 15 of the total 23 steel rolling enterprises of the association - those located in the North affecting the output. Companies like Ha Noi Textiles C

Most of Turkey? 600 fabric dyeing factories are in difficulty due to the stagnation of the textile industry, the head of one of the country? trade groups has said. Ahmet Temiroglu, president of the Turkish Textile Dyeing and Finishing Industries?Association believes that if the decline continues then many companies in Turkey may close down. Pointing to the increasing competition, particularly from China, Temiroglu claims that Turkish textile industry should stop producing basic products l

Nearly 20 major silk exporters, which accounts for 80 percent in Chinese silk exports to India, are planning to battle against an Indian anti-dumping case, stated an industrial representative at Hangzhou, capital of Zhejiang province in east China. Wang Yu, Secretary-General of the China Chamber of Commerce for the Import and Export of Textiles informed that the representatives of the Chinese companies discussed with lawyers from three legal companies in the meeting held at Hangzhou, to seek

Striking back at Brussels, China said it was not making an allowance for further steps to slow down a surge in textile and textile products exports that is frightening the US and the EU. Lou Jiwei, Vice Finance Minister stated that China needed to see the reaction in Washington and Brussels to its announcement last Friday of imposing higher taxes on 74 lines of clothing and textile products. Chinese textile exports have flooded EU and US domestic markets with cheap textile products since

Textile products processed on the mainland but listed as originating in Hong Kong and Macao will be exempted from mainland export tariffs, according to a notice issued by the Ministry of Commerce Wednesday. Textile products processed on the mainland for exports but without qualified certificates of origins will have their export tariffs levied as ever. The decision was made after two high-level meetings on the development of a closer trade relationship between the mainland and Hong Kon