Issue dated - 13 January 2005

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US company keen to sell used machinery in India
A US based company dealing in second-hand machinery is trying to pitch into the Indian market to hard sell used textile machinery originating from closed mills the world over, and especially in the US.

China to impose tariffs on textile goods
China will start levying tariffs on six categories of textile exports from January 1, 2005 in an attempt to address the concerns of its main trading partners who are worried about Chinese textile products flooding their markets.

 



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