Search Results for: China
10 results out of 3991 results found for 'China'.
UK AUSTRALIA FREE TRADE DEAL OFFERS WOOL TRADERS CHANCE TO EXPAND YARN CHOICES FOR TEXTILE MANUFACTURERS
The wool and textile sectors of Australia and the UK will be closely assessing the impact of the UK-Australia Free Trade Agreement (FTA), which came into force on May 31 (1). The agreement, one of the first major trade deals stuck by the UK following its Brexit from the European Union (EU) in 2020, includes a significant reduction and removal of tariffs in trade between the two.…
KENYA GOVERNMENT MULLS TEXTILE PROTECTIONISM, BUT INDUSTRY LEADERS WARN THIS COULD BE A MISTAKE
Kenya’s government has proposed imposing a 25% tariff increase on imported clothing and textiles, a move designed to wean Kenyans off luxury imported clothes, supporting a domestic clothing and textile industry that has been harmed deeply by foreign-made garment sales.
Confirming the intention to introduce the new tax measures, investments, trade and industry cabinet secretary (minister) Moses Kuria said the new taxes would help Kenya’s textile and clothing industry: “The country has a rich textile sector that should be expanded,” said Kuria on August 14, while addressing Kenyan textile investors.…
PERU’S ALPACA AND COTTON EXPORTS: SEIZING OPPORTUNITIES AMIDST EU’S NEW TEXTILE STRATEGY
In the wake of the European Union’s (EU) impending sustainability-focused textile regulations and guidelines (1), Peru stands uniquely poised to amplify its exports of alpaca, camelid fibers, and cotton. This South American nation’s key to unlocking European markets lies in aligning its sustainability initiatives with the EU’s visions.…
INDONESIAN GOVERNMENT LOOKS TO BOOST CLOTHING AND TEXTIE SECTOR UNDERMINED BY WEAK GLOBAL ECONOMY
The Indonesian government is looking to actively support the country’s textile and clothing industry as it faces a downturn in exports, depressed by soft economies in overseas markets facing high inflation and interest rates.
Trade has indeed fallen, said the Indonesia industry ministry, which told Just Style of a decline in both exports and imports in the first half of this year (2023), with clothing and textile exports dropping by 18.7% and imports by 19.8%.…
CHINA ADDRESSES DIVERSIFICATION OF CLOTHING SOURCING AWAY FROM ITS OWN SHORES
The China National Garment Association (CNGA) in a new briefing (1) on China’s clothing industry economic operations for H1 2023 warned that China’s clothing industry is under serious pressure. Insufficient post-Covid demand recovery in international markets due to inflation and central banks’ tight monetary policies have been exacerbated by overseas customers transferring orders to other countries.…
TUNISIA’S CLOTHING AND TEXTILE SECTOR PROSPERS, DESPITE COUNTRY’S POLITICAL DISCORD
Tunisia’s clothing and textile sector driven ahead with its near-sourcing export promotion, despite the political turmoil facing the country, where President Kais Saied has since 2019 suspended parliament, dismissed governments, imprisoned opposition leaders, undermining judicial independence and helped fuel anti-refugee and migrant violence.…
AROUND THE WORLD IN APPAREL DUE DILIGENCE LEGISLATION
Regulators worldwide are cracking down on poor labour and environmental practices in apparel supply chains amid growing concerns about upstream parts of the clothing industry. Probes into major international fashion brands, who have been criticised about alleged malpractice by their suppliers have been encouraging legislative and regulatory reforms.…
CHINA’S DENIM DIGITAL TEXTILE PRINTERS CONQUER NEW GROUND
Chinese textile companies are bringing digital textile printing into the realms of denim and yarn to replace unsustainable dyeing processes, industry observers have told Digital Textile.
‘Digital denim’ made using a computer and printer involves applying inkjet printing dyeing’ on cotton fabric to make the ‘digital denim’ fabric resembling different styles of jeans has become increasingly popular within China’s textile sector.…
SINGAPORE CRACKS DOWN ON EXPAT MONEY LAUNDERING RING EXPLOITING ITS BANKS
A group of 10 foreign nationals, all ethnically Chinese, have appeared at Singapore’s State Courts accused of operating a Singapore dollars SGD1 billion (USD738 million) international money laundering ring. The group have all been denied bail in preliminary hearings, following an island-wide set of police raids on August 15 involving more than 400 police officers.…
PORTUGAL TRIES TO ATTRACT FOOTWEAR CLIENTS AS A NEAR-SOURCING ALTERNATIVE TO ASIA
Portugal’s footwear industry is trying to maintain its near-shoring position as a western production hub, while attracting more business as a reliable alternative to Asian manufacturing hubs, investing in innovation, quality and sustainability.
Portugal comprises an important part of the remaining European footwear sector, which according to the World Footwear Yearbook 2023 produced just 2.7% of global output in 2022 (1).…