Trends and Market Reports

China-ASEAN Free Trade Area (CAFTA) – Implications for Hong Kong's Merchandise Exports [Extract from an article dated 8 Mar 2010 in TDC's website] In January 2010, China and ASEAN completed the formation of CAFTA to establish the world’s largest free trade area (FTA) by population and third largest FTA by combined GDP. After entirely phasing in the 5-year tariff reduction schedule for goods on the normal track, around 7,000 items traded between China and ASEAN are now zero-rated...

		Chinese textile industry picks up in “V” shape [Extract from an article dated 8 Mar 2010 in TDC's website] China Textile Industry Association predicts that in 2009, large-scale textile enterprises may have generated RMB3.830 trillion in output value, up 11% year on year; RMB3.72 trillion in main operating income, up 12%; and RMB150.5 billion in profit, up 26%. Their export may have been US$171 billion, down 9.8%...

		Reviving European markets call on Hong Kong suppliers - report from Texworld 2010, Paris [Extract from an article dated 5 Mar 2010 in TDC's website] Cautious optimism, innovative techniques, a return to traditional values - and pervading environmental concerns - all were among the textile industry trends that emerged from the Texworld conference in Paris ...