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To deepen economic and trade cooperation under the Belt and Road Initiative and promote industrial connectivity between China and Central Asian countries, the 2025 "Discover Keqiao" Textile Industry Matchmaking Event (Central Asia Special Session) was held recently at the Shaoxing International Convention and Exhibition Center. Organized by the Keqiao District Commerce Bureau, the Keqiao General Chamber of Commerce, and China Light & Textile Industrial City Group Co., Ltd., the event brought
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INSIGHTS
· The US' imposition of 25 per cent additional tariff on Indian imports has raised the total duty to 50 per cent, creating deep uncertainty for the MSMEs.
· As per reports, Panipat and Ludhiana are amongst the hardest hit by the US tariffs.
· However, the latest media reports suggest the government is now planning dedicated outreach programmes in 40 countries to counter the steep US tariffs.
The United States’ decision to impose an additional 25 per cen
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To further tap into the potential of emerging international markets and expand new global trade channels for Keqiao fabrics, recently, the "Silk Road Keqiao · Fabrics Connect the Globe" Targeted Matchmaking Conference, hosted by the Construction and Management Committee of China Textile City in Keqiao District, Shaoxing City, was successfully held at the Saigon Center in Ho Chi Minh City, Vietnam. This event aimed to build an international exchange platform for the textile and garment ind
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INSIGHTS
· Canada and Brazil, which now holds the rotating presidency of the Mercosur bloc, recently announced that they will resume talks for an FTA that have been stalled since 2021.
· Canada's renewed interest in restarting talks with Mercosur is due to the uncertainty caused by US tariffs.
· The bloc also includes Argentina, Uruguay and Paraguay, while the process of Bolivia turning a full-time member is under way.
Brazil, which now holds the rotating presidency of the S
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INSIGHTS
US' move to impose an additional 25 per cent tariff, raising duties on Indian goods to 50 per cent from August 27, will severely hit MSMEs in textiles, according to Crisil.
Readymade garments face the steepest impact, with tariffs at 61 per cent versus 31 per cent for Bangladesh and Vietnam, threatening Tiruppur exports.
It noted India-UK and potential EU trade deals could partly offset losses.
United States’ decision to impose an additional 25 per cent tariff on Indian goods, e
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On the morning of August 25, a freight carry 16 40-foot containers of fabrics and other goods worth 500 million yuan slowly departed from Qianqing Freight Yard in Shaoxing, Zhejiang Province, heading for Ili, Xinjiang. After transferring to an international intermodal train, the goods will eventually reach Kazakhstan and other four Central Asian countries. This marks the addition of a new, efficient, and convenient international logistics channel for exported textiles from Keqiao "China Textile
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INSIGHTS
• China agreed in principle to reopen the Shipki-La pass in Himachal Pradesh's (HP) Kinnaur district for cross-border trade with India during the recent visit of Chinese foreign minister Wang Yi, the HP government recently said.• The trade route had been suspended in 2020 following the COVID-19 outbreak.• The state would now approach the central commerce ministry for completing the codal formalities.
China has agreed in principle to reopen the Shipki-La pass in Himachal P
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INSIGHTS
• Sixteen per cent of UK trading businesses reported increased turnover month on month in July, while 24 per cent reported their turnover had dropped, according to the Office of National Statistics.
• Around 15 per cent reported they expect their turnover to drop in September.
• Economic uncertainty was the most reported challenge affecting turnover for trading businesses in early August 2025 at 25 per cent.
Sixteen per cent of trading businesses in the United Kingdom rep
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Insights
The US imposition of an additional 25 per cent tariff on Indian textile and apparel imports is triggering a major shift in sourcing strategies.
Many retail giants have reportedly paused sourcing from India, creating uncertainty among Indian exporters.
Analysts predict an estimated revenue loss of $4 to $5 billion for the Indian textile sector.
The 25 per cent additional US tariff on Indian goods is just round the corner, and a significant shift is underway in sourcing strategies&mdas
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Insights
Researchers at North Carolina State University have developed a sustainable method using cottonseed oil to finish cotton fabrics—offering a safer alternative to harmful chemicals like formaldehyde and PFAS.
These methods aim to make fabrics smooth and durable without compromising environmental or human health.
Graduate student Taylor Kanipe presented the findings at the ACS Fall 2025 meeting.
Researchers of North Carolina State University have developed a sustainable method usi