trade news
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China to ease tariff duties for 10 least-developed countries
Starting from December 1, 2022, China will extend zero-tariff treatment to 10 least-developed countries. The country has taken this step, as a win-win outcome, in its endeavour to promote an open global economy while also helping the least-developed nations to accelerate their growth, as per the customs tariff commission of the state council.
15-11-2022 -
China announces textile recycling targets
Polyester (PET) is the most widely used fiber in the apparel industry, accounting for around 52% of the total volume of fibers produced globally. The apparel industry accounts for around 32 million tons of the 57 million tons of polyester used each year. Currently, only approximately 14% of this comes from recycled inputs – predominantly from post-consumer PET bottles (Textile Exchange Preferred Fiber & Materials Market Report 2020).
29-04-2022 -
Rising freight rates put more pressure on strained global supply chain
With China fighting a COVID resurgence, waiting container ships at several ports there like Qingdao are rising, putting further pressure on a strained global supply chain.
22-03-2022 -
Sorona fabrics: Mainstream fabrics should take into account environmental protection and beauty
Sorona material is different from spandex. Spandex will be damaged after washing, exposure to the sun, exposure to chlorine or high temperature. So if you wear spandex pants, your knees will soon be loose. Sorona has no such problem. It will not be damaged after washing and will not be affected by external factors. Therefore, it will not be as loose and elastic as spandex clothes, which will bring a new experience to consumers.
30-10-2021