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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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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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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China said it would introduce export tariffs and increase rates on other items to rein in a record trade surplus and cut energy consumption and pollution.
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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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The Jan. 1 abolition of trade quotas may not be as hard on textile and apparel makers in poor countries as many experts had thought.
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The Bush administration has said that it will consider US manufacturers&#39; petitions to control imports of Chinese textiles. Trade experts have said the US government increased
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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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Bangladeshi garment exporters are poised to breathe a sigh of relief as China has decided to impose tariffs on some of its textile export items in preparation of the upcoming global textile quota phase-out.
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The United States and China have both taken steps to control an expected flood of cheap Chinese textiles and clothing into the world market after a decades-old quota system expires on January 1.
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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 import limits on cotton trousers made in China would violate free trade principles, Chinese textile exporters told state media Monday.
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China pledged on Monday that 2007 would  be another year of extensive financial reform but said there  was no quick way to bring down its record trade surplus.
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Chinese textile manufacturers saidThursday they are &quot;highly concerned&quot; by a petition posted by United States textile industry to limit Chinese textile products in the US market.
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China will impose tariffs on some  textile exports in a move that may ease frictions with the  United States and others over an expected flood of Chinese  products on world markets after a global quota system expires  at year's end.
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China on Friday protested against US actions to impose quotas on textiles, saying the move violated World Trade Organization principles and would harm bilateral trade.
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China&#39;s tax on its textile exports is a backward step last week&#39;s twist in textiles is depressing proof, if any were needed, of how hard it is to straighten out world trade.