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China Textile News - in Cooperation with Textile and Apparel
Weekly
Latest issues about the Chinese Textile and Clothing
Industry
In cooperation with the magazine (Textile and
Apparel Weekly) of our partner, the China
Textile Network Company you will find interesting topics
about the Chinese market:
Use our archives to learn more about the previous reports:
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2012/05/11
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Cambodia:
Exports to Korea jump 80pc
Cambodia's first-quarter exports
to South Korea soared nearly 80 per cent year-on-year, driven mostly
by garments and agriculture products, but imports still accounted
for most of the trade between the two countries.
Total exports to South Korea jumped
to US$30 million for the first three months of 2012, up 76 per cent
from $17 million in the year-ago period, according to data from
the Korea Trade-Investment Promotion Agency (KOTRA) in Phnom Penh.
At the same time, Korean imports
reached $130 million from $101 million, a 29 per cent year-on-year
gain, KOTRA said.
Total trade between the two countries
in the quarter rose 36 per cent to $159.9 million compared to $117.3
million last year....read
more
Source: CNTEX
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2012/05/11
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Indo-China
border opens for readymade garment trade
Garments have now been included
in the revised list of tradable items through the Indo-China border,
issued by the Director General of Foreign Trade (DGFT), Ministry
of Commerce & Industry, Government of India.
It is for the first time that the
items for exports and imports between the two countries have been
increased after the opening of the Nathu La trade route in Sikkim.
Seven new items in exports and five
new items in imports have been added to the earlier list of tradable
items under the Foreign Trade Policy 2004-09, taking the total number
of items that can be imported and exported to 20 and 36, respectively.
Readymade garments and handloom
and handicraft products are among the items that can now be exported
from India to China through the border route, whereas readymade
garments, quilt/blankets and carpets are among the items that can
be imported by India.
The items of import and export through
the Indo-China border have been increased in response to the demands
of the local people, BK Kharel, Secretary, Ministry of Commerce
and Industry, Government of Sikkim, said.
The revised list of tradable items
would enter into force as soon as the border trade resumes on May
21, 2012. The border trade is currently stopped owing to heavy snowfall
in the region, which has blocked roads.
The items that were earlier allowed
to export through the border, including blankets, clothes and textiles
as well as items that were imported, including wool and goat cashmere,
would continue to be traded, the DGFT notification said.
It added that the border trade will
continue only through three Land Customs Stations, viz. Nathu La
in Sikkim, Gunji in Uttarakhand and Namgiya Shipkila in Himachal
Pradesh.
Source: Fibre2fashion via CNTEX
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2012/05/11
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Chinese
Self-owned clothing brands blooming
Nearly 100 events like 20th China
International Clothing & Accessories Fair (CHIC2012), 8th China
Annual Award for Clothing Brand, 2012 China International Fashion
Week and China Clothing Forum were held one after another in Beijing
during the last ten days of March, with assembly of the major-brand
enterprises both at home and abroad. It is delighted that with the
deep development of the economic globalization and international
labor division, the self-owned brands in the Chinese clothing industry
are blooming.
"Just as the subject of Leaping-forward,
the Chinese self-owned clothing brands are speeding up the transformation
and making efforts for further improvement", said by Wang Zhuo,
general secretary of China National Garment Association.
"All flowers blooming together",
the general brand strength has been enhanced.
The clothing enterprises have entered
from the primary phase of product sales to the comparatively advanced
phase of cultural sales.
Over 1000 clothing brands from 21
countries and regions participated in the CHIC2012 from March 26
to 29. Among them, there were about 600 self-owned brands with their
exhibition stands distinguishing from each other, some magnificent,
some fresh and natural, in order to highlight their special styles
through the exhibition....read
more
Source: CE.cn via CNTEX
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2012/05/10
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Yarn Expo
China - a successful event
For three days from 29 March 2012,
more than 4,500 buyers from 44 countries and regions sourced from
an international group of upstream fibres and yarns suppliers at
the 17th edition of Yarn Expo China.
"Fuelled by rising labour and
materials costs in China, international cotton yarn and fibre related
suppliers are finding the market in China very lucrative right now,"
said Wendy Wen, Director for Trade Fairs, Messe Frankfurt (HK) Ltd.
She added: "Domestic fabric suppliers are now more willing
to look for higher quality imported yarns which are more competitively
priced than domestic manufacturers."
Amit Ruparelia Chairman for TEXPROCIL
(The Cotton Textiles Export Promotion Council), the India pavilion
co-organiser at this season's show was equally as optimistic in
regards to the Chinese buyers. "We could see the maturity level
of the trade visitors has tremendously improved over the past five
years, and for the first time in China, we noticed that visitors
were highly conscious of quality rather than lower prices.
Another important change was that
almost all of the serious business visitors came with their own
English speaking translator for easy communication with the exhibitors.
That shows the seriousness of the buyers. At the present level of
demand and supply, Indian companies will surely return to Yarn Expo
Shanghai and Beijing for the next few years, mainly to showcase
their continued presence in the market."
Nearly 150 suppliers from 11 countries
and regions featured a great variety of natural fibres and yarns
including cotton, wool, flax/ramie specialty products; elastic,
fancy and blended yarns as well as regenerated and synthetic man-made
fibres....read
more
Source: CNTEX
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2012/05/10
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New markets
propel Chinese textile & apparel exports
China's textile and garment exports
reached US $50 billion in the first quarter of this year, up a marginal
3 percent from the same period of 2011.
The slowdown witnessed in China's
traditional markets like US, EU and Japan was compensated by marvelous
growth rates posted in new markets like ASEAN, Africa, Latin America
and Middle East last year.
Share of Chinese textiles and apparels
in the three markets of EU, US and Japan fell 1.4 percent, 1 percent
and 2.2 percent, respectively in the whole of 2011.
However, this was compensated by
export growth to ASEAN which grew 34.1 percent last year, to Africa
increased by 25 percent, to Latin America grew 38 percent and those
to Middle East grew 27 percent.
Among them, the ASEAN has become
one of the major markets of China's exports of textile and garment
intermediate goods.
Source: Fibre2fashion via CNTEX
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2012/05/09
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Vietnam
wants low tarriff of textiles into the US during TPP talk
Trade officials from nine dynamic
Asia-Pacific economies begin 10 days of talks today in Dallas, Texas,
hoping to finalize the Trans-Pacific Partnership pact by the end
of this year. President Obama has said the deal will be "a
model not only for the Asia-Pacific but for future trade agreements."
Perhaps, but the president's ambitious Asian agenda has run smack
into protectionist lobbying back home.
The White House is demanding TPP
partners, chiefly Vietnam, agree to new rules that would bring transparency
and market-oriented efficiencies to their inefficient (and often
corrupt) state-owned enterprises. SOEs are indeed a drag on Vietnam,
comprising around 38% of the economy. Prime Minister Nguyen Tan
Dung has struggled with the problem for years with little result.
Though the U.S. is pushing Vietnam
to help itself by reforming SOEs, Hanoi wants something in return.
The country is America's second-largest supplier of clothing, and
Mr. Dung's trade negotiators insist the U.S. get rid of high tariffs
on clothing and footwear, which generally range from 18% to 36%.
This is a chance for Mr. Obama to
live in a "21st century economy," as he often says. Unfortunately,
he seems to be caught in 18th century mercantilism.
The American president is in tight
with the U.S. textile lobby, which supported him in 2008. The industry
has benefited from high tariffs and various protectionist schemes
since the 1700s. So U.S. trade negotiators have taken a hard line
against liberalizing the U.S. rag trade. The Vietnamese know a double
standard when they see one, and are incensed. No deal on market
access for us, no deal on SOEs, they say....read
more
Source: Wall Street Journal via
CNTEX
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2012/05/09
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Fewer
toxic toys and textiles in EU stores
AFP - Europe last year saw its first
drop in the number of toxic toys and skin-irritating textiles stacked
on its supermarket shelves, more than half of them made in China,
the EU said Tuesday.
Thanks to better policing and improved
cooperation with China and others, the number of unsafe products
banned, withdrawn, or recalled from consumers, dropped 20 percent
in 2011 to 1,803 items compared with a 13 percent increase the previous
year.
"The fact that fewer dangerous
items enter the EU market is good news for consumers, but we must
remain committed," said Health Commissioner John Dalli on presenting
the European Union's latest report on efforts to enforce product
safety.
Removing life-threatening goods
from the EU is achieved under a 2004 rapid alert system known as
RAPEX, enabling information on dangerous products to circulate swiftly
across the 27-nation bloc, plus Iceland, Liechtenstein and Norway.
Up to 100 million euros ($130 million)
and 6,000 inspectors have been committed to the bid to remove dangerous
non-food products that resulted in 2011's first-ever noted drop
in notifications.
While more than half the items reported
as potentially dangerous came from China, notifications on Chinese
items too dropped, representing 54 percent of all notifications
in 2011 against 58 percent the previous year.
But the European Commission underlined
that "this still very high number" was linked to China's
high market penetration in Europe....read
more
Source: CNTEX
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2012/05/09
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CNTAC: Double
Textile Output in A Decade
Chinese textile producers aim to
more than double the country's textile output by 2020 from the 2010
level, according to a 10-year plan from the textile industrial association
released Tuesday.
The textile industry is planning
to increase textile and clothing exports by an annual rate of about
7 percent and boost the export value of fiber products to 400 billion
U.S. dollars by 2020, said a 10-year development plan approved by
China National Textile and Apparel Council(CNTAC).
Rising demand for fiber products
will accelerate the upgrading and transformation of the textile
industry, and further boost innovation and branding to drive high-end
industrial development, said the CNTAC.
The CNTAC expected Chinese urban
citizens' average spending on clothing to grow by an average 12.5
year-on-year in the 2011-2020 period, while that of rural residents
will increase by 15 percent annually.
In 2011, Chinese urban citizens
spent 1,674.7 yuan (265.8 U.S.dollars) on clothing per person, up
15.95 percent from the 2010 level, while rural residents' spending
increased 29.5 percent year-on-year....read
more
Source: CNTEX
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2012/05/08
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Go bullish
on cotton as expectations of a drop in the acreage for cultivation
may push up the price
By Naveen Mathur, Associate Director,
Commodities & Currencies, Angel Broking
Cotton is an important cash crop,
which not only satisfies consumption needs but also generates revenue,
thereby contributing to the world economy. It is one of the largest
traded commodities, with over 150 countries involved in the world
fibre trade. In India, the first seeds of commodity futures market
were planted with the launch of cotton futures in 1875.
Cotton, grown mainly for its fibre,
is commonly used as a raw material for the textile industry, which
employs over 35 million Indians. It contributes around 3% to the
country's GDP, 14% to industrial production and accounts for over
27% of foreign exchange earnings. The cotton ball also has a seed,
which is crushed to get oil and meal.
Globally, cotton markets are influenced
by three nations-China, the largest producer (27%), consumer (40%)
and importer (38%), followed by India and the US. The global cotton
consumption has witnessed a modest growth of about 2% (CAGR) for
over a decade and it stood around 26 million tonnes in 2011-12.
It grew due to the increased consumption by developing nations,
mainly China and India, the result of rising population and increasing
wage levels.
China and India accounted for over
33% share in global consumption during the 1990s and currently have
more than 58% share. On the supply front, the global cotton production
averaged around 20 million tonnes in early 2000 and witnessed a
whopping growth after 2004-5. Currently, it is around 27 million
tonnes due to increased production in India, thanks mostly to the
genetically modified cotton seeds or Bt cotton....read
more
Source: CNTEX
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2012/05/08
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BBC: The
UK manufacturer taking on China
For years, companies have been shifting
manufacturing to China attracted by the cheap labour, but wages
and costs are escalating, and for one businessman at least, investing
in British manufacturing has become an increasingly attractive option.
On a recent trip to his cushion
factory in China, Liverpool businessman Tony Caldeira was confronted
by Xiao Qi, one of the local workforce.
She was not happy that she had only
been offered a 30% wage increase and told him it was not enough.
"If we're going to be as busy
as last year, then I think I cannot accept this. If you want to
find another worker, that's fine," said Xiao Qi calmly.
Rising aspirations and soaring costs
in shops are motivating Chinese workers like Xiao Qi to demand higher
pay.
"She's actually wanting a 50%
pay rise in essence," said Mr Caldeira, "and basically
sticking a gun to my head and saying: 'Well if you don't pay me
50% more, then I'm off somewhere else.'
"In the UK warehouse, if somebody
came to me and said I want a 25% pay rise, they'd be on the next
bus back to Kirkby, it just wouldn't happen.
"Because there's another 100
people waiting to take their place. It's not like that here."...read
more
Source: BBC via CNTEX
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2012/05/08
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China cotton
stocks rise on hopes of higher import quotas
Cotton stored at Chinese bonded
warehouses has risen to as much as a million tonnes after merchants
stocked up with cheaper overseas supplies in anticipation of Beijing
raising import quotas, trade sources and analysts said on Thursday.
China, the world's top cotton buyer,
may issue a new batch of quotas for as much as 1.5 million tonnes
by May to help textile mills secure cheaper cotton overseas, since
Indian supplies are currently about 15 percent cheaper than domestic
cotton, they said.
Expectations of higher imports have
helped push down China's cotton futures on the Zhengzhou Commodity
Exchange, with the most-active September contract down over one
percent so far this week and on track for its worst weekly loss
in five weeks.
"There is a large volume of
cotton stockpiled at bonded warehouses and textile mills have been
pushing the government to issue more import quotas," said Dong
Shuzhi, director of the cotton department at Founder Commodities
Group, a Chinese trading house.
"There are now growing expectations
from the market that Beijing will agree to issue more quotas."
Despite lacklustre demand at home,
China's cotton prices are now the most expensive in the world at
over 20,000 yuan ($3,200) a tonne, thanks to Beijing's deliberate
stockpiling campaign aimed at shoring up prices....read
more
Source: CNTEX
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