China not to swamp global textile mkts
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Beijing: China has assured its trading partners that it will not swamp the global textile markets after the abolition of quota restrictions from January 2005 and will take eight steps to ensure it.
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The Bush administration is being temporarily barred from imposing new limits on imported clothing and textile products flowing into the United States from China.
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Experts are concerned that some high-tech exports could help China modernize its military.
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China sets out its strategy for tackling climate change, but stresses it will not sacrifice economic growth.
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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. 1, according to a report in an authoritative Chinese newspaper.
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For one thing, even if Chinese growth slowed in the third quarter, it won&#39;t indicate whether Asia&#39;s second-biggest economy is avoiding a hard landing.
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TORONTO (CP) - The end of trade quotas under a 30-year-old treaty won't radically transform the flow of apparel exports and imports, the head of China's clothing industry said Thursday.
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SHANGHAI, China -- In the mid-1800s, English textile makers eyed China and drooled over the fortunes to be made if every man in this teeming country added just one more inch to his shirttails.
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China's exporters, whose shipments of everything from toothpaste to tires have come under fire in the United States because of safety concerns, are fending off attacks on yet another product: all-terrain vehicles.
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The European Union is bracing for the expiry of import quotas on Chinese textiles at the end of the year amid fears of a new wave of T-shirts and trousers bearing "Made in China" labels flooding in.
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China's promise to impose taxes on some textile exports will do little to sway the administration on whether to limit the expected flood of Chinese goods next year.
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China on Tuesday lashed out a US decision to limit imports of socks made in China, saying China will &quot;retain the right to take further actions&quot; within the World Trade Organization
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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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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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Conspicuous by their silence, US retailers and apparel makers are waiting on the sidelines while domestic textile companies take what may be their last stabs at preserving limits on imports of garments made in China.
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WASHINGTON The Bush administration has agreed to consider a petition from a coalition of textile manufacturers, along with the union representing their workers, asking that the federal government limit imports from China next year, an action that could
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The step could avert a trade war with the U.S. and the European Union over a new influx of low-cost Chinese garments.