May 17, 2008
May 06, 2008
Japanese textile makers are facing tough times, as unfavorable exchange rates, competition from China and sluggish demand are biting into business.
May 13, 2008
Pakistan continues to face a growing energy crisis adversely affecting the efficiency of its textile sector.
Tuesday, May 13, 2008
Just when the North American Free Trade Agreement seemed to be fully integrated into continental commerce, along came Democratic presidential candidates Barack Obama and Hillary Rodham Clinton with calls to renegotiate the treaty....more
Despite ongoing factory closures, thousands of lost jobs and apparel production moving out of China, the Chinese central government has yet to release any plans or policies to deal with shifting production that has come with higher costs....more
Spiraling energy and freight costs coupled with rising wages and other expenses in China's Pearl River Delta, the world's premier textile and apparel manufacturing hub, are spurring the relocation of factories to lower-cost Asian countries and a rethinking of sourcing plans to places closer to key home markets....more
Top negotiators from more than 150 countries are gearing up for a new diplomatic offensive in an attempt to achieve a breakthrough deal in the Doha global trade talks aimed at reducing tariffs and other trade barriers, but the prospects of whether a deal can be clinched are unclear....more
The Indian government, encouraged by the success of a seven-year program to modernize and upgrade the country's vital textile sector, has extended it for another five years....more
Free trade has had a long run of expansion and widespread acceptance, but a conglomeration of issues is threatening to bring it's growth and commercial and political popularity to a standstill....more
1930 - 2007...more
