• U.S. economy shrinks at record pace in second quarter
      The U.S. economy suffered its sharpest downturn since at least the 1940s in the second quarter, highlighting how the pandemic has ravaged businesses across the country and left millions of Americans out of work. Gross domestic product shrank 9.5% in the second quarter from
      Aug 10, 2020
    • Purchasing Managers Index for July 2020
      In July 2020, China’s manufacturing PMI was 51.1 percent, up by 0.2 percentage point from last month, continued to stay above the threshold for 5 months. In terms of enterprise scale, the PMI of large enterprises was 52.0, slightly fell 0.1 percentage point over last month; that
      Aug 10, 2020
    • E-commerce live broadcasts exceed 10 million in the first half of 2020, with more than 50 billion viewers
      According to news on July 30, the spokesperson of the Ministry of Commerce Gao Feng said at a regular press conference that live streaming has become a new engine for the development of e-commerce. According to business big data monitoring, in the first half of the year, e-commerce live br
      Aug 10, 2020
    • Ili Kazak Autonomous Prefecture’s yarn output increased by 82.5% in the first half of this year
      The textile and garment industry in Ili Kazak Autonomous Prefecture developed rapidly. Up to now, there are 176 textile and garment enterprises in Ili Kazak Autonomous Prefecture, 68 more than in 2014, and more than 13,000 people have been employed. The industrial cluster development patte
      Aug 10, 2020
    • VBC to launch H.O.P.E. series of new cruelty-free silk fabrics in September
      Vitale Barberis Canonico (VBC) will participate in the Milano Unica held in Milan Rho Fiera from September 8th to 9th, and will release its Autumn/Winter 2021 - 22 series of fabrics. A fabric from Autumn/Winter 2021 - 22 collection whose origins are in the weaving of undyed Moretta wool an
      Aug 07, 2020
    • Milano Unica to be held in September
      The 31st Milan International Fabric Exhibition Milano Unica will be the first offline physical trade show that the Italian fashion industry has ushered in after the unblocking. The exhibition schedule is from September 7th to 9th. Although the previous suspension has caused difficultie
      Aug 07, 2020
     
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