Search Results for: China

THE CHINESE textile sector has been forced into considerable and increasing uncertainty by the trade war launched by US President Donald Trump, which will intensify when planned 10% additional tariffs are launched on September 1, and – as announced today (August 13), on December 15.…

PAKISTAN’S Punjab province is set to host a new textile and garment manufacturing hub established with a Chinese company’s investment under a private partnership arrangement. Beijing-based China Railway, the major state-backed public transport and infrastructure company has said will invest USD500 million in what it calls ‘a garment city’ spreading over 400 acres at Ferozepur Road, Lahore, the provincial capital of Punjab province.…

THE US-China trade dispute could offer an incentive for Chinese companies to dump textile products into Indonesia, according to a report by Moody’s Investors Service.

But Indonesian textile representatives told WTiN they are confident safeguards are in place to minimise the risk of such dumping.…

THE AMERICAN automotive sector is today (Friday Aug 23) counting the cost of the latest round of automotive tariffs to be imposed on its vehicle and parts exports to China. It is the latest round of the increasingly punishing trade war between Washington DC and Beijing.…

THE GROWING variety of ready-to-drink (RTD), capsule, and home-brewing ground coffee products being made available in China is a testimony to how this market has matured since Nestlé started pushing instant coffee on consumers from 1990.

Market researcher Euromonitor International estimates that China’s RTD coffee market size is burgeoning, predicting it will grow 32.9% to Chinese Yuan Renminbi CNY10.9 billion (USD1.54 billion) in 2023, up from CNY8.2 billion in 2018.…

THE CHINESE oil sector is facing potential increases in prices when exporting waste fuel oils, waste fuel and waste kerosene to the USA from September 1, with US President Donald Trump announcing that more tariffs – of 10% – will be imposed on Chinese exports from that date.…

FAR from being the zone of volatility of the 1990s, eastern and central Europe’s economies and hence their paint and coatings markets, are enjoying stability and steady growth. In Croatia, for instance, according to market researcher Euromonitor International data, the paint and coating industry posted revenues of USD147 million, USD 2 million more than in 2017.…

China accounted for 38% of global paint output in 2018, according to the China National Coatings Industry Association (CNCIA), but its share of the global revenue was 33.4%, suggesting the pricing power of Chinese output is weaker. Industrial coatings accounted for 64.7% of the total output of 21.15 million tonnes (this figure is based on ‘enterprises of scale’ so does not count output by small, cottage companies) according to the CNCIA.…

Chinese upstream textile producers are increasing production as fears grow that the trade war with the US will hurt exports of apparel and other textile products, now additional 10% tariffs are to be levied on a wide range of China-made textile and clothing products from September 1.…

The news that major American retailer Barneys New York has entered Chapter 11 bankruptcy and plans to close all but two stores is yet another warning sign for the industry that brands should not rely upon department stores to sell their product.…