• EU, China agree for Comprehensive Investment Agreement
      The European Union (EU) and China agreed in principle to the EU-China Comprehensive Investment Agreement (CAI) that was tentatively approved on December 30, 2020. It will be the most ambitious agreement that China has ever concluded with a third country and will ensure that EU investors ac
      Jan 14, 2021
    • Brazil’s cotton exports hit a record high in 2020
      In 2020, Brazil’s cotton export volume and export revenue hit a record high. The export volume of cotton was 2.1 million tons, and the foreign exchange earned from exports was USD 3.2 billion. Major buyers include China, Vietnam, Pakistan, and Turkey.
      Jan 14, 2021
    • UK high street fashion brands get a boost with £830 million package
      The British government has announced an £830 million package for high street fashion brands to help them recover from the pandemic. “2021 will be an immense one for the high street brands as it pursues to recover, adapt and change as a result of the pandemic, the boost package wi
      Jan 14, 2021
    • The profits of textile enterprises above designated size increase by 7.5% in the first 11 months of 2020
      According to the National Bureau of Statistics, from January to November 2020, the total profits of industrial enterprises above designated size across the country achieved 5744.50 billion yuan, a year-on-year increase of 2.4%, and the growth rate increased by 1.7 percentage points from Ja
      Jan 13, 2021
    • Prosperity index of professional market drops slightly in Dec. 2020
      The prosperity monitoring results of the China Commercial Circulation Association of Textile and Apparel (CATA) show that in December 2020, the national textile and apparel professional market manager’s prosperity index was 50.16, a decrease of 0.59 percentage points from November’s 50.75;
      Jan 13, 2021
    • Bangladesh: Cotton import grows despite pandemic
      \ Bangladesh’s cotton imports grew by about 9% to 75 lakh bales in the 2019-20 marketing year (MY) despite the ongoing coronavirus pandemic, according to data from the United States Department of Agriculture (USDA). The high demand for cotton during the first half of the year
      Jan 13, 2021
     
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