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ITMA Asia attracts global textile cos
The sixth edition of ITMA ASIA + CITME 2018 has received strong support from both domestic and international textile machinery manufacturers.
VOGUE: Master in speed and printing quality
The 9th Shanghai International Digital Printing Industry Fair (TPF 2018, www.cstpf.com) will be held from the 19th to the 21st of April, 2018, in Shanghai New International Expo Centre. TPF 2018 is organised by UBM China and SUNEXPO.
Japan to tap TN textile sector
Japan is looking to tap the textiles sector in Tamil Nadu and experts from the country are evaluating the two textile labs in the State to ensure they comply with the quality requirement and various compliances for Japanese markets.
Chinese firm plans to invest in USA
A Chinese fibre manufacturer is opening a plant in South Carolina, Labon, plans to spend $3.1 million refurbishing a factory in Orangeburg, South Carolina.
Truetzschler to tie up with Chinese firm
Zhejiang Wang Jin Nonwoven plans to invest RMB 660 million for a total of 8 new spunlace lines with advanced technology from Truetzschler to explore opportunities in new markets. Truetzschler and Zhejiang Wang Jin signed an agreement to supply two spunlace lines. One line is a high speed carding line including the well-known random roller technology. This line will fulfill highest demands and will deliver outstanding web quality at highest speeds.
Chinese co to set up textile unit in Uttarakhand
A delegation of Chinese Textile Company, Zhejiang Daoqin Textile Co Ltd has expressed interest in setting up of a textile industry in the Sitarganj Pase-II industrial estate in Uttarakhand State for which it would be making investment to the tune of Rs 600 crore. In this connection, a delegation of the Chinese textile company met Chief Minister Harish Rawat.
China’s trade on decline
The weakness in trade in China, the world’s second-largest economy, continued in July 2016. China’s exports fell again in July by an unexpectedly wide margin. Exports fell by 4.4 per cent to $184.7 billion, of course, a slight improvement over June’s 4.8 per cent contraction, the country’s customs data showed. On the other hand, imports fell 12.5 per cent to $132.4 billion rising from a decline of 8.4 per cent.
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