by TANVI_MUNJAL | Oct 4, 2024 | Business & Policy, Finance & Economy, News & Insights
The spectre of another “China Shock” is haunting global economies as concerns over Chinese trade practices and their potential impact on domestic industries intensify. The early 2000s saw a massive surge in Chinese exports, leading to job losses and wage...
by TANVI_MUNJAL | Aug 27, 2024 | Finance & Economy, News & Insights
A recent report by the Global Trade Research Initiative (GTRI) reveals a significant shift in India’s trade landscape. For the first half of 2024, the United States has emerged as India’s largest trading partner, surpassing China. India’s merchandise...
by TANVI_MUNJAL | Nov 30, 2023 | Business & Policy, News & Insights
In response to a surge in respiratory illness cases in China, Indian exporters are closely watching the situation and expressing concerns about potential repercussions on trade if the situation worsens. As China is India’s largest import partner, with many industries...
by TANVI_MUNJAL | Nov 29, 2023 | Events Updates, News & Insights
Wuhan Textile University recently hosted the second International Conference of Fashion and Sustainability, focused on the frontiers of the international fashion industry and the future of sustainable development in fashion. The three-day event, themed...
by TANVI_MUNJAL | Oct 24, 2023 | Finance & Economy, News & Insights
Egypt has signed a deal worth $100 million for multiple Chinese textile and apparel projects. This development follows a visit by the president of SCZONE (Suez Canal Economic Zone) to Hangzhou in Shanghai, where he engaged with investors and business owners in the...
by TANVI_MUNJAL | Oct 20, 2023 | Fibres and Yarns, News & Insights
The World Trade Organization (WTO) still needs to take action to solve the outstanding issue of regulating trade-distorting subsidies for cotton in developed nations, which have the detrimental effect of plunging several impoverished cotton growers into poverty....
by TANVI_MUNJAL | Oct 13, 2023 | Events Updates, News & Insights
During a press conference held in Beijing on October 11, 2023, the organizers officially announced the upcoming events. The 2023 International Textile Manufactures Federation (ITMF) Annual Conference and the Sixth World Textile Merchandising Conference 2023 will be...
by Manali bhanushali | Jun 28, 2021 | Industry And Cluster, News & Insights
Increased local production and diverse imports fill the void. The amount of Australian cotton that went through Chinese customs clearance remained low, while price quotation and purchase remained sluggish for the commodity, as Chinese firms became wary of importing...
by Manali bhanushali | Jun 25, 2021 | Industry And Cluster, News & Insights
The quantity of Australian cotton that passed Chinese customs clearance remained low, while price quotation and purchasing were sluggish for the commodity. Chinese businesses had become cautious about importing Australian cotton amid the two countries’ cooling...
by Manali bhanushali | Jun 24, 2021 | Apparel, Fashion & Retail, News & Insights
Mexico and China were two nations that experienced worryingly reduced sourcing by US denim clothing customers last April owing to COVID-19. According to the most recent OTEXA statistics, the shipping of denim clothing from these two nations to the United States has...
by Manali bhanushali | Jun 24, 2021 | Apparel, Fashion & Retail, News & Insights
Mexico and China were two countries that saw worryingly reduced sourcing last year in April by the US denim apparel buyers due to COVID-19. Now the latest OTEXA data signals the shipment of denim clothes from these two countries to USA has consolidated. OTEXA data,...
by Manali bhanushali | Jun 23, 2021 | Industry And Cluster, News & Insights
China has developed its own ‘sustainable’ cotton certification scheme as part of its response to Western criticism of suspected forced labour in the Xinjiang province. According to Global Times, the move marks a watershed moment in the transformation of...
