Search Results for: China

THE WIDE diversity of AML laws worldwide can complicate the enforcement of AML/CFT extradition proceedings.

Financial Action Task Force (FATF) recommendations 37 and 39 say that governments should be prepared to extradite money launderers (and terrorist financiers) to another country if they both criminalise the underlying predicate offence.…

Demand for knitting machines in China has been recovering remarkably fast from the Covid-19 crisis, with Chinese textile factory owners growing bolder in investment decisions, and exports to south Asia growing too.

Chinese knitting machine-makers Suzhou ReHow Machinery Manufacturing and Fujian Taifan Industrial, which supply mainly T-shirt fabrics single jersey circular knitting machines, saw their sales dip in 2020 but not to a dramatically low level.…

THE MYANMAR clothing industry is struggling to operate effectively as political unrest continues following the seizure of power by the country’s military on February 1.

Garment manufacturers, most of whom have been located in the country’s commercial capital Yangon, had been a major employer and a significant source of foreign currency for Myanmar.…

As the Turkish garment sector rebounds from the drop in sales last year due to the Covid-19 pandemic, the industry is looking to tap growing demand from European retailers – and consumers – for garments made closer to home, benefiting from its advantage of being the main near-shore supplier for Europe.…

As the Turkish garment sector rebounds from the drop in sales last year due to the Covid-19 pandemic, the industry is looking to tap growing demand from European retailers – and consumers – for garments made closer to home, benefiting from its advantage of being the main near-shore supplier for Europe.…

Covid-19 has reshaped commercial crime, and one lucrative offence taking a real turn for the worse is tobacco smuggling and counterfeiting. Keith Nuthall reports.

The Covid-19 pandemic has depressed incomes worldwide and forced lower income smokers to look for cheap smokes, which has included counterfeits or smuggled goods.…

The coatings sector is increasingly paying attention to the needs of the textile industry, with its products being used in innovative ways to adapt the surfaces of fabrics to new technical requirements and changes in consumer preferences.

It is an innovative field and information on recent research and development was highlighted last month at a World Congress on Textile Coating (WCTC), held virtually between February 11-12 and 18-19 with dozens of presenters.…

There is no doubt that the Covid-19 pandemic has fuelled the black-market trade in illicit and smuggled licit tobacco products. The disease has depressed income and forced lower income smokers to look for cheap smokes, which has included counterfeits or smuggled goods.…

Mozambique’s tobacco leaf and processing sector is facing tough times. Cyclones such as this January’s Eloise, and Idai in 2019 have wreaked significant damage on tobacco plantations. Covid-19 has caused processing disruption and harmed legitimate distribution, encouraging an increase in black market cigarette sales.…

The world’s textile sector is focusing on China’s National People’s Congress, which congregated in Beijing’s Great Hall of the People last Friday (March 5) to start a ‘Two Sessions’ event to review and ratify the draft outline of the 14th Five-Year Plan (2021-2025).…