Government and Trade

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Government and Trade

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Global Foreign Investments Seen Rebounding This Year

FDI is projected to grow after declining in 2009.

House Passes Bill Offering Import Tariff Breaks

Congress reinstates expired tariff breaks on millions of dollars worth of imported textiles and footwear.

Cosmetics Lobby Urges More U.S. Regulation

In unusual move, Personal Care Products Council asks for more federal oversight of the industry and offered its own proposals to pending legislation.

House Panel OKs Stricter Fur Labeling

Fur measure would apply to products worth less than $150.

Wholesale Apparel Prices Flat in June

In year-on-year comparisons, women's wear falls and men's wear rises.

China's Q2 GDP Growth Slows to 10.3 Percent

Figures reflect government efforts to curb inflation and cool off an overheated property market.

China yuan textiles currency

Chinese Textile Industry Warns of Bankruptcies

National organization said currency depreciation could be damaging.

Imports Rise Sharply in May

The overall trade deficit increased to $42.3 billion in May, the highest level in 18 months.

Global Yarn, Fabric Production Fall

Slower pace of Chinese manufacturing leads to worldwide decrease.

CNBC counterfeits, criminal activity, fakes, luxury goods,

Fakes Continue to Grow, Despite More Seizures

Luxury brands' counterfeit problems have escalated.

EU Slaps Sri Lanka with Duties

Sri Lanka will lose duty free preferential access to the EU following claims that Sri Lanka has failed to reform its poor human rights record.

U.S. Says China Doesn't Manipulate Currency

Critics charge the yuan is undervalued by as much as 40 percent.

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