Search Results for: China
10 results out of 3991 results found for 'China'.
ASIA REGULATORY ROUND UP – SINGAPORE BUDGET SCRAPS FOREIGN WORKER TAX CONCESSIONS
THE SINGAPORE government is to phase out between 2020 and 2024 a ‘not ordinarily resident’ tax scheme, where talented overseas workers enjoy tax concessions over five years. This includes not being taxed on work undertaken outside Singapore and an employer’s contribution to a non-mandatory overseas pensions or provident fund being tax exempt.…
CANADIAN-PERUVIAN ORGANIC FIRM HOLDS THE LINE ON PRODUCING QUALITY ANDEAN SUPERFOODS
From top quality cacao that meets the new European Union (EU) regulation for minimum cadmium content in foods; to a camu camu fruit-based supplement line with stable shelf life and high vitamin C content; Sacha Inchi flour with over 60% protein content; and liquid high potency maca not found elsewhere, UHTCO Corporation, is expanding its portfolio and presence in the international market.…
INTERNATIONAL REGULATORY ROUND UP – WTO DISPUTES PANELS WILL ASSESS EU RETALIATORY DUTIES ON USA KNITWEAR EXPORTS
THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling on whether retaliatory duties imposed by the European Union (EU), on US knitwear exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…
MYANMAR LOOKS TO TAIWAN TO HELP BUILD VERTICALLY INTEGRATED CLOTHING AND TEXTILE SECTOR
MYANMAR is counting on investors from Taiwan to support the country with capacity building and technical assistance, including in textile and garment production, even as its trade access privileges to the European Union (EU) are under review.
Reflecting this, the Union of Myanmar Federation of Commerce and Industry (UMFCCI) and Taiwan’s Chinese National Federation of Industries have signed two memorandums of understanding facilitating technology transfers and training programmes for workers, supervisors and technical staff at factories across the country – the agreements were signed in mid-2018 and are now being implemented. …
SOARING COSTS IN JORDAN’S GARMENT SECTOR COULD DETER INVESTORS
JORDAN garment exporters maybe growing their export sales, but high costs and declining local purchases could weaken their ability to take advantage of robust growth in overseas demand, industry experts have told just-style.
Jordan’s garments exports are expected to have generated receipts of USD1.8 billion in 2018, and their value is expected to grow by at least 8% in 2019, a source at the Jordan Enterprise Development Corporation told the Jordan Times newspaper this week.…
CHINESE CLOTHING COMPANIES TARGET EGYPTIAN TRADE ZONES AS ROUTE AVOID TRUMP TRADE WAR DUTIES
A FREE trade zone system in Egypt, linking its businesses with Israeli suppliers, is being targeted by Chinese companies wanting to access the USA, as the Trump trade war risks exports to America through standard channels. The resulting investment has been welcomed in Egypt, but some clothing and textile industry commentators are warning that large Chinese firms could muscle out local players unless Egyptian businesses are given time to mature.…
CHINA DENIES HUMAN RIGHTS GROUPS CLAIMS OF FORCED CLOTHING AND TEXTILE LABOUR IN XINJIANG
Despite China officially ending its “re-education through labour” programme in 2013, disturbing media reports on detentions of ethnic Muslim minorities in “re-education camps” in the Xinjiang Uyghur Autonomous Region in north-western China have multiplied since mid-2017.
These concerns have started to lose business for Chinese companies.…
TURKEY NEEDS TO PLAY SMART IN RESPONDING TO BELT-AND-ROAD OPPORTUNITIES AND RISKS
China’s Belt and Road Initiative (BRI) has been touted by Beijing as a ‘win-win’ for all actors involved in the sprawling infrastructure project that connects the Far East with Europe – but it could be a double-edged sword for Turkey’s textile and garment sector, warn experts.…
ICAO SAYS CIVIL AVIATION TRAFFIC WILL TREBLE BETWEEN 2015 AND 2045
CIVIL aviation traffic will more than treble in the next three decades, projections from the International Civil Aviation Organisation (ICAO) claim, with annual growth averaging at 4.1% between 2015 and 2045, according to figures generated in 2018. Data passed to Jane’s Airport Review says that medium-term growth will be similarly robust, with annual growth averaging at 4.3% between 2015 and 2035.…
EU/WTO REGULATORY ROUND UP – EU FOOD AND DRINKS SECTOR TO READY ITSELF FOR SINGLE USE PLASTICS BAN
THE EUROPEAN Union (EU) food and drinks sector will have to prepare itself to find alternative materials to plastics, after the European Parliament and EU Council of Ministers struck a deal on approving European Commission proposals to ban single-use plastics. Under a new directive – now on track to receive formal approval by this summer (2019) – the EU will ban the use of such materials where alternatives are easily available and affordable.…