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CHINA’S textile industry association is preparing for new demands from its government to introduce sustainable production in the sector, warning that companies failing to comply will be closed.

Yang Donghui, director of the China National Textile and Apparel Council, a state-owned Beijing agency, warned: “This is mandatory.…

Strengths:

China has a booming e-commerce sector, and growing online drinks retailers are building more warehouses nationwide. They need to balance ‘just-in-case’ and ‘just-in-time’ demands and also the need for flexibility versus low inventory. Negotiating these logistical pressures is vital in this huge yet highly fragmented market.…

DESPITE China’s slowing economy in 2012, Chinese consumers still spent handsomely on beauty products. In December alone, for example, spending on cosmetics and personal care products (such as personal soaps, shampoo and toothpastes) increased 16% and 16.6% respectively from the same time a year ago, compared with 8.7% for clothing and 3.6% for jewelry, according to the China Nation Commercial Information Center, a Beijing-based government organisation tracking national retail statistics.…

TRADITIONAL Chinese personal care product brands might be struggling in the offline market, but they are making their return in the virtual world, thanks to China’s booming e-commerce. At Taobao, China’s largest online shopping site, historic Chinese brands, such as Hangzhou-based Kong Feng Chun (since 1862) and Yangzhou-based Xie Fu Chun (since 1830), are gaining tremendous fans, selling skin care products, hair care products and color cosmetics.…

NEW income streams and lower wages are helping maintain the competitiveness of Chinese banks – despite lower productivity and higher staffing headcounts compared to their Western peers. But comprehensive reforms are needed to ensure that this expansion of banking is built on solid foundations, reducing the risk of future financial crises.…

CHINESE investors in London’s property market are becoming increasingly important players, and the signs are that the flow of Yuan into the UK capital could keep growing. Michelle Zhang, who heads up the China desk at DTZ London, said: “CIC [China Investment Corporation] would be viewed as the most active Chinese investor and now have a number of prime London property holdings;” she highlighted the Chinese sovereign fund’s recent GBP245 million purchase of Deutsche Bank headquarters Winchester House, from KanAm, undertaken alongside Invesco.…

THE EUROPEAN Union (EU) should be the second supplier of pork to the Japanese market, up from the fourth place now, once a planned EU-Japan free trade agreement (FTA) is in place, Jean-Luc Mériaux, secretary general of the European Livestock and Meat Trading Union (UECBV) told globalmeatnews.com…

INTERNATIONAL brands have been growing in emerging markets worldwide, but it would appear that where a newly wealthy country develops a local industry with quality products, they can lose market share. Taiwan is a case in point. Its beauty and personal care market – last year worth USD3.4 billion and traditionally heavily dominated by international brands –  has seen domestic players steadily clawing back more market share: extending from a mere 15% in 2007 to a relatively handsome 25% in 2012.…

EUROPEAN Union (EU) Japanese knitwear manufacturers are assessing the opportunities offered by the planned EU-Japan free trade agreement (FTA), with negotiations about to begin, having been authorised by the European Union (EU) member states before Christmas.

“We will try to develop good contacts with the Japanese industry to try to come up with solutions during the negotiations that could be beneficial for both whenever possible”, said Luisa Santos, head of international trade at the European apparel and textile confederation (Euratex).…

Malaysia’s textile and clothing industry is planning to focus on three key areas – higher value fashion, dyeing and finishing, and technical textiles – to sustain strong growth and continue to compete with significantly lower-cost competition elsewhere in Asia.

The country’s textile and apparel exports grew 28.4% to USD3.8 billion in 2011, according to the Malaysian Textile Manufacturers Association (MTMA), with a further significant increase expected in 2012.…