Search Results for: hong Kong

BY KEITH NUTHALL

CHINA and Hong Kong were the most common sources of personal care products reported last year through the European Union’s (EU) RAPEX consumer alert service as being potentially unsafe or breaching the EU cosmetics directive.

In a report, the European Commission said there were 86 RAPEX personal care product notifications last year, up from 81 in 2008 – both were around 5% of total notifications.…

BY RAGHAVENDRA VERMA

WITH an aim to moderate the domestic prices of cotton yarn, last week the Indian government said it would suspend a 7.5% duty concession for exporters – essentially raising the price of Indian cotton by 3.5% on world markets (because of a complex formula framing these tariffs).…

BY WANG FANGQING

ONE of the challenges for multinational food companies doing businesses in China is the cultural uniqueness of the world’s most populous country. But well aware of the riches that could be tapped, the international food industry is developing flavours and health traditions that accommodate Chinese tastes.…

BY KARRYN MILLER

VIETNAM has worked hard to convince foreign companies they should look past neighbouring China for their knitwear needs. Through an increasing commitment to quality, along with strong government support, Vietnamese knitwear firms are starting to see the fruits of their labour and tags ‘made in Vietnam’ are becoming more common both domestically and abroad.…

BY MIRIAM ELDER

WHILE the government of the Russian Federation has made real efforts to fight money laundering – as documented recently in the Money Laundering Bulletin – the problem remains rampant in this resource-rich country, according to Russian and international experts.…

BY PACIFICA GODDARD

INTRODUCTION

There are signs around the world that the textile market is beginning to recover from the global economic crisis, and developing markets will be leading that recovery. Asia is, of course, at the forefront, but many countries in Latin America have also weathered the crisis and have come out in a surprisingly decent position, with their dynamic textile and apparel industries well positioned for future expansion.…

BY KEITH NUTHALL

A PROGRESS report issued by the Organisation for Economic Cooperation & Development (OECD) has claimed almost 300 tax transparency agreements have been signed by jurisdictions since the April 2009 G20 summit in London. This called on governments and sub-national administrations worldwide to adopt the OECD’s standards on revealing and exchanging tax information.…

BY GAVIN BLAIR, FRANCES WANG, RAGHAVENDRA VERMA and KARRYN MILLER

The Asian beer market, having overtaken Europe, is now the largest in the world, according to Japanese brewery Kirin. The region accounts for 31.7% of global consumption, compared to 30.8% for Europe, claims the annual report from the Kirin Institute of Food and Lifestyle.…

BY MARK GODFREY

A SLUMP in exports dented China’s economic growth in 2008, but a strong recovery which lifted GDP growth to 10% in the second half of 2009 appears to have ensured strong retail sales across all fronts. That is why growth of cosmetics sales in China remained strong at 10% in 2009, according to the China Association of Fragrance Flavour and Cosmetic Industries (CAFFCI).…

BY WANG FANGQING

ASIA is opening up to the wider world culturally and its hair styles are becoming more varied as a result, allowing personal care product companies to sell a wider range of hair care lines.

With growing attention paid to appearances, Chinese consumers, for instance are spending more on their hair care.…