China Relents, and Promises Textile Tariffs
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The Commerce Ministry in China announced Sunday night that it would impose tariffs on some textile exports, a step that could avert a trade war with the United
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China is ready to reduce tariffs and drop barriers for foreign products to enter its market next year, China Radio International reported Tuesday.
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Textile importers and retailers have sued the US Government to block a proposed limit on imports from China. Producers have asked for textile quotas because they say Chinese imports will damage the domestic industry.
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GENEVA: Major textile exporters China, Pakistan and India on Thursday stalled talks at the World Trade Organisation on assistance for smaller textile-producing developing countries likely to be affected by the end of import quotas next January, diplomats
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BRUSSELS: Chinese clothing and textiles will lose their low-tariff support from the European Union under a reform of the blocâs preferential tariff scheme which aims to ensure that the worldâs poorest nations benefit most.
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GENEVA : China called on the World Bank and the International Monetary Fund (IMF) to help small textile and clothing exporting countries that are threatened by the end of import quotas at the end of the year.
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The move could defuse a confrontation with the Bush administration, which is considering a limit on clothing imports because of fears that China's textile industry will swamp producers in the United States.
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The US and the EU have responded cautiously to Chinaâs announcement that it would impose export duties on some textile products to ensure a âsmooth transitionâ on the
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The US and the European Union responded cautiously yesterday to China&#39;s surprise undertaking to impose duties on some textile exports, a step it said was designed to ensure a &quot;smooth
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BEIJING, Dec. 13 -- Three years after China&#39;s entry into the World Trade Organization and the country&#39;s quality of textile exports continues to improve.
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China has agreed to place duties on certain textiles to placate fears that it will flood the world with low-cost products when textile quotas officially fall in three weeks, in response to pressure from the US and Europe.
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Brussels decides to retain import tariffs on Chinese-made energy-efficient light bulbs for another year.
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US officials visiting Beijing this weekend will press China to limit textile exports and crack down harder on piracy, reflecting pressure for trade concessions ahead of US elections in November, economists and trade lawyers said.
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Higher costs in China could spell the end of an era of ultra-cheap goods, as well as the beginning of Chinaâs rise from the lowest rungs of global manufacturing.
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China&#39;s Commerce Minister Bo Xilai ( èçä¾ ) urged the US and other countries to live up to World Trade Organization agreements and refrain from seeking limits on Chinese textile exports when global quotas expire next year.
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WASHINGTON - On the eve of a presidential debate on domestic issues with employment a crucial concern, American textile companies and workers have asked President George W. Bush to help save their jobs by limiting Chinese imports, which may surge once a
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China pledged to ``push ahead firmly and steadily&#39;&#39; toward a more flexible exchange rate without providing a timetable for the shift from a currency peg that is criticized by the Group of Seven industrial nations.