• U.S. releases fifth batch of additional tariff product exclusion lists
      On June 8, 2020 local time in the United States, the Office of the United States Trade Representative (USTR) released the product exclusion announcement under the fifth batch of USD 300 billion additional goods list, adding 34 exclusion products, including 8 categories of textile and appar
      Jul 01, 2020
    • ITMF: Worldwide shipments of new textile machinery decreased in 2019
      In 2019, global shipments of spinning, texturing, weaving, knitting, and finishing machines decreased on average compared to 2018. Deliveries of new short-staple spindles, open-end rotors, and long-staple spindles dropped by -20%, -20%, and -66%, respectively. The number of shipped draw-
      Jul 01, 2020
    • Mask industry chain experiences the market “roller coaster”
      As the domestic pandemic situation has stabilized, masks and their production materials have gone from an initial “hard to find” to the current “breaking the reserve price”. Related upstream and downstream enterprises have experienced a “roller coaster” in just a few months. Before the pan
      Jul 01, 2020
    • 2020 Shengze Fashion Week & the 7th Jiangsu (Shengze) Textile Expo Cloud Exhibition grand opening
      On June 16, the “2020 Shengze Fashion Week & the 7th Jiangsu (Shengze) Textile Expo Cloud Exhibition” sponsored by the People’s Government of Wujiang District of Suzhou City and the Jiangsu Textile Industry Association kicked off in Shengze, Jiangsu. The final show of the 2nd China Fas
      Jun 24, 2020
    • Pakistan actively seeks to export cotton to China
      According to Pakistan’s “Observer” report on June 9: China’s textile market has recently shown a good recovery, which is a good sign for Pakistan’s cotton exports. China is one of Pakistan’s main cotton export destinations, but since April this year, affected by the pandemic, Pakistan’s co
      Jun 24, 2020
    • What is the impact on China of “Vietnam - EU Free Trade Agreement”?
      On June 8, the National Assembly of Vietnam approved the “Vietnam - EU Free Trade Agreement” with a voting support rate of 94.62% and decided to adopt all the contents of the agreement.   1. This agreement can contribute 2% - 2.5% to Vietnam’s GDP growth This agreement wil
      Jun 24, 2020
     
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