China to Tax Textile Exports to Ease US, EU Concern
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China said it will tax some textile exports and curtail investment in its domestic industry after the US and European Union threatened restrictions on an expected flood of Chinese clothing when quotas expire Jan. 1.
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China will consider adopting measures  to protect its interests and those of its trading partners once  global textile quotas are scrapped at the end of this month, a  government spokesman said on Friday.
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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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China&#39;s promise to impose new taxes on some textile exports will do little to sway the administration as it debates whether to limit the expected flood of Chinese
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The European Union has adopted, by the narrowest of majorities, new anti-dumping measures to tackle imports of leather shoes from China and Vietnam, a diplomatic source said.
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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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WASHINGTON - US textile and clothing manufacturers petitioned the Bush administration Tuesday to protect them against a surge of Chinese imports next year when worldwide quotas are removed, arguing that thousands of US jobs are at stake.
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A senior American trade official said here today that the United States would limit apparel imports from China if American manufacturers provided evidence that such limits were needed.
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The European Union's top trade official proposed an overhaul of trade discounts to developing countries Wednesday, a move likely to anger China and India, both of which might no longer qualify for EU trade preferences for such products as clothing and textiles.
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The Bush administration yesterday agreed to consider new quotas on five categories of Chinese-made clothing, a step toward protecting domestic manufacturers from cheaper imports.
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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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BEIJING, Sept.12 -- A senior United States trade official strongly suggested that the Bush administration will move in coming weeks to limit imports of Chinese clothing, opening a new front in a simmering trade conflict with the world's most populous country in the final weeks of the presidential campaign.
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Officials of the United States textile industry said that they would petition to block the expected flood of Chinese imports.
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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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BEIJING -- China said today that it will slap a tax on some of its textile exports in a nod to trading partners who fear that less expensive Chinese goods will flood their markets when global quotas on textiles expire next month. China will impose an export duty on certain, unspecified textile products, the English-language China Daily newspaper said, citing ...
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Textile concerns among China&#39;s trading partners in the coming integration of global trade have made the nation determined to control its exports.
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China has decided to impose duties on its exports of textiles and apparel, a move that could ease worldwide fears that Chinese clothing makers will soon dominate the global market after its liberalization on Jan.