• WTO tempers fall in world trade to 9.2% in 2020 on ‘strong’ June, July
      But trade body’s economists warn of sharp slowing once pent-up demand is exhausted   Bringing some cheer to exporters around the globe grappling with COVID-19 challenges, the World Trade Organization (WTO) has projected a fall of 9.2 per cent in goods trade volume in 2020,
      Oct 14, 2020
    • U.S. trade deficit up to $67.1 billion in August, 14-year high
      The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% in August to $67.1 billion, highest since August 2006. Exports rose 2.2% to $171.9 billion on a surge in shipments of soybeans, but imports rose
      Oct 14, 2020
    • CNNIC: China’s e-commerce live broadcast users reach 309 million
      The China Internet Network Information Center (CNNIC) recently released the 46th “Statistical Report on China’s Internet Development Status”. The “Report” shows that as of June 2020, the number of online live broadcast users in China reached 309 million, an increase of 16.7% over March 202
      Oct 12, 2020
    • 11 companies signe to enter the South Xinjiang fabrics market
      Recently, Shufu County held a fabrics and accessories trade fair and a signing ceremony in the South Xinjiang fabrics and accessories market. At the fair, the person in charge of the Kunlun Park Company in Shufu County promoted the supply of fabrics and accessories. Nearly 3
      Oct 12, 2020
    • Pakistan exports 25,400 tons of cotton yarn in Aug.
      In August 2020, Pakistan exported USD 1.008 billion in textiles and apparel, a decrease of 20.83% month-on-month and a decrease of 15.39% year-on-year, and both showed a significant decrease; the export of raw cotton was 206 tons, a decrease of 92.3% year-on-year; the export of cotton yarn
      Oct 12, 2020
    • Double-digit rise in exports helps India nearly halve trade gap with China
      India’s robust double-digit exports growth to China, coupled with sharp contraction in imports, nearly halved the trade gap between the two trading partners in the first five months of the current fiscal year (2020 - 21, or FY21) over the same period of 2019 - 20 (FY20).
      Oct 12, 2020
     
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