Textile Cotton Fabric Exporter

7 January 2009 - The United States launched an "anti-subsidy" war against China by mid-December, only a few days before textile quotas were eliminated. With economic recession increasingly affecting employment in the U.S., there is mounting pressure for imposing a "fair trade" on China. Triggered by the textile lobby, the Bush administration started an offensive against China's program for supporting its brands. The Obama administration will have to decide if China is effectively filed with the WTO.

7 January 2009 - Cotton yarn prices are no more falling on the Pakistan's export market, reflecting stronger demand from the Far East, Bangladesh, the European Union and Turkey, our Correspondent reports. Pakistani yarn exporters are taking advantage of a series of factors, including the rupee's decline, the high level in Indian cotton prices, and the need to replenish stocks whatever the global slowdown.