Search Results for: China

Companies breach sanctions laws at their peril. Fines of many thousands of dollars, and even jail terms, await the unwary or careless. Fortunately, an Association of Certified Sanctions Specialists (ACSS) has been created to advise businesses on negotiating the complex world of international sanctions compliance.…

The cyber-attack on the Colonial Pipeline Co in the USA, which sparked the temporary closure of the eastern United States’ most important fuel pipeline, has focused attention on the risks posed by ransomware on major companies. These risks are increasing. Keith Nuthall reports.…

SWITZERLAND and the European Union (EU) will gain nothing by throwing away existing trade rules after long-term negotiations to create a new comprehensive EU-Swiss ‘Institutional Framework Agreement’ collapsed, dairy industry experts have told Dairy Industries International (DII).

Talks ended on May 26, when Switzerland’s Federal Council announced it would not pursue its discussions with the EU, over concerns that a major EU deal would undermine Swiss wages, give EU immigrants social benefit rights and reduce Swiss government powers to subsidise particular chosen industries.…

For evidence that China’s nationalistic ‘guochao’ consumer trend is gathering pace in the personal care product sector, look at the country’s powerful e-commerce sector. In February 2021, the turnover of cosmetics on China’s Taobao platform was Chinese Yuan Renminbi CNY14.7 billion (USD2.3 billion), a year-on-year increase of 11%, with the top brand in sales being the guochao-oriented personal care product brand Hangzhou-based Florasis Hua Xizi.…

INTRODUCTION

Until now, the use of sensors within garments has been regarded as a specialist technical exercise, usually as a means of delivering medical information to doctors, nurses and other health-care professionals. However, production advances, especially the integration of sensors within yarns using nanotech and conductive fibre is opening up a wider range of more user-friendly functions that could bring sensor tech to the mass consumer market.…

INTRODUCTION

THE MANUFACTURE of protective masks has been maybe the largest growth area in the international textile and non-wovens industry during the Covid-19 pandemic. Billions of people have donned masks as they seek to avoid catching a disease that by June 11 (2021) had killed 3.7 million people and infected 175 million [1].…

INTRODUCTION

The COVID-19 pandemic has had many profound social and economic impacts, but maybe one of the most important for the clothing and textile sector has been how it encouraged the meshing of design and function in products.

With consumers staying at home, they have looked for apparel to provide comfort as much as formal elegance, of more importance when working in an office or attending public evening events.…

Turkey is struggling to recover its position as an important supplier of high-end and luxury fabrics, recouping sales lost on cost to Chinese rivals. The industry retains great potential strength, being the world’s fifth largest supplier of textiles selling USD12 billion exported annually, according to Istanbul Textile and Raw Materials Exporters Association (İTHİB – İstanbul Tekstil ve Hammaddeleri İhracatcilari Birlig).…

Mongolia wants to increase the sustainability of its cashmere industry through more vertical integration – processing cashmere into premium finished garments locally. And it also wants to reduce the national herd to sustainable levels from a current high of 30 million.…

AMERICA has long been the global policeman of international sanctions, including breaches of AML rules, but evidence suggests that the US dollar’s use in international transactions could be weakening and is having to compete with the rising power of crypto currencies.…