• Global trade’s upward momentum may have peaked: WTO
      The growth of global trade in goods remains strong in the fourth quarter of 2020 and has rebounded from the deep decline in the third quarter, according to the latest Goods Trade Barometer released by the World Trade Organization (WTO). But prospects for 2021 and beyond are uncertain as new
      Mar 12, 2021
    • China: Cotton yarn sees hot market
      During Spring Festival, ICE cotton futures broke through 90cents/lb. On the first trading day after Spring Festival holiday, ZCE cotton futures and cotton yarn futures surged successively. However, the market is hazy despite the rise of price. At first, most downstream weav
      Mar 12, 2021
    • E-com in China to be over half of retail sales in 2021
      Market intelligence firm eMarketer recently forecast that 52.1 percent of China’s retail sales will come from e-commerce in 2021, up from 44.8 percent last year. This is for the first time anywhere that a majority of retail sales for an entire country will transact online. The country with
      Mar 12, 2021
    • U.S. apparel imports and exports slide in 2020
      The biggest apparel importer USA has witnessed a dip in its apparel imports during 2020 – both value-wise and volume-wise, according to the latest data of OTEXA. U.S. imported 2.31 billion SME of apparels in 2020 valuing the USD 64.07 billion down by 16.37 percent and 23.46
      Mar 12, 2021
    • The output value of the apparel industry in Liling, Hunan increases by about 20 percent in 2020
      In 2020, despite the impact of the pandemic, the production of apparel enterprises in Liling City, Hunan Province still achieved a contrarian rise, and the annual gross production value increased by about 20 percent. It is understood that the apparel industry in Chuanwan Tow
      Mar 11, 2021
    • Puyuan’s total turnover on the 22nd is nearly 100 million yuan
      Puyuan is the country’s largest sweater distribution center. After the Spring Festival holiday, the 15 main markets of Puyuan ushered in full market opening as of February 22. At present, online sales have become an important sales channel.   According to statisti
      Mar 11, 2021
     
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