Fashion
China’s foreign trade up 3.5% YoY in Aug 2025
Exports jumped by 4.8 per cent YoY, while imports climbed by 1.7 per cent to mark the third month of simultaneous growth in a row.
China’s foreign trade in goods in yuan-denominated terms rose by 3.5 per cent YoY in August.
Exports jumped by 4.8 per cent YoY, while imports rose by 1.7 per cent to mark the third month of simultaneous growth in a row.
In January-August, goods trade grew by 3.5 per cent YoY.
Exports led the growth during the eight months, surging by 6.9 per cent YoY, while imports saw a drop of 1.2 per cent YoY.
Between January and August, the country’s goods trade expanded by 3.5 per cent YoY, the General Administration of Customs (GAC) said.
Exports led the overall expansion during the eight-month period, surging by 6.9 per cent YoY, while imports witnessed a slight drop of 1.2 per cent YoY.
The growth rate accelerated by 0.6 percentage points from the reading for the first six months, a state-controlled news outlet cited Lu Daliang, director of GAC’s department of statistics and analysis, as saying.
Despite a challenging external environment, China’s foreign trade has remained quite resilient while greater potential continues to be unleashed, Lu said.
The association of Southeast Asian Nations (ASEAN) retained its position as China’s largest trading partner in the first eight months this year, with bilateral trade expanding by 9.7 per cent YoY, accounting for 16.7 per cent of the country’s total foreign trade.
The European Union ranked second, with trade up by 4.3 per cent YoY. The United States was China’s third-largest partner, though bilateral trade declined by 13.5 per cent during the period, GAC data showed.
Meanwhile, China’s trade with the partner countries participating in the Belt and Road cooperation reached 15.3 trillion yuan—up by 5.4 per cent YoY.
Fibre2Fashion News Desk (DS)
The China-Kenya trade corridor has been relaunched to boost small and medium enterprises (SMEs) participation in bilateral trade by Standard Chartered Bank.
The China-Kenya trade corridor has been relaunched to boost SME participation in bilateral trade by Standard Chartered Bank.
The initiative offers better financing access, lower transaction costs, and faster cross-border payments.
By promoting RMB usage, SMEs can achieve up to two per cent savings while benefiting from near-instant settlements and improved cash flow efficiency.
The initiative is designed to empower local SMEs through improved access to financing, lower transaction costs, and direct connectivity with Chinese markets, particularly in manufacturing and green energy sectors.
Richard Li, group head of global chinese at Standard Chartered, said, “The solution promotes the use of RMB that can deliver tangible benefits, including lower foreign exchange costs, improved working capital efficiency and better alignment of cash flows.” He added that the solution enables small entrepreneurs engaged in Sino-Africa trade to manage multiple currencies, access reliable financing, and navigate complex regulatory environments.
Originally launched in China in 2006, the initiative reflects the bank’s continued commitment to supporting SMEs in their international expansion. Bernard Kombo, head of SME Banking at Standard Chartered Kenya, noted that businesses can achieve up to two per cent annual savings by using RMB for working capital financing.
Kombo further highlighted that the corridor leverages a cross-border international payments system, enabling settlement within 15 seconds, significantly faster than traditional methods that take one to two days.
Fibre2Fashion News Desk (JP)
On March **, ****, India’s Directorate General of Foreign Trade (DGFT) issued Notification No. **/****–**, amending Para *.** of the Foreign Trade Policy and removing the long-standing ****;** lakh (about $**,***) per-consignment cap on courier exports. From April *, exporters can send consignments of any value through courier mode instead of splitting higher-value orders into smaller parcels.
For textiles and apparel, this is more than a procedural tweak. The sector is no longer driven only by large container-based orders from global retailers. It is increasingly shaped by samples, capsule drops, repeat orders, customised runs, premium home textiles, craft-led fashion, and direct-to-consumer cross-border fulfilment. In that world, courier flexibility matters.
Padel, one of the world’s fastest-growing sports, has seen an explosion of participation and fan engagement in recent years. Recognizing the sport’s surging popularity and vibrant community, Reebok is stepping onto the padel court through a collaboration with GLDN PNT—a brand born from and built for the padel movement.
Reebok has partnered with GLDN PNT to launch a performance-driven padel apparel collection, tapping into the sport’s rapid global growth.
The range includes technical tees, tanks, bras and shorts designed for modern players, combining innovation, functionality and style, while strengthening Reebok’s presence in the fast-expanding padel community.
The Reebok x GLDN PNT collection features a range of high-performance apparel, including the ID Train Short Sleeve Tech Tee, Speed Racer Tank, ID Performance Tech Tee, ID Train Tri Back Bra, and WOR 9 in Woven Short. Each piece is designed with the modern padel player in mind, blending innovative materials, functional design, and bold style.
“Padel is more than a sport—it’s a global movement, and we’re thrilled to partner with Reebok to raise the bar for padel apparel,” said Scott London, Founder of GLDN PNT. “Our mission has always been to celebrate the culture and community of padel, and this collaboration gives us the reach and resources to inspire even more players around the world. We’re making the moment count—on and off the court.”
For Reebok, this partnership represents an opportunity to join the padel community in a meaningful and authentic way.
“Padel’s incredible growth represents the kind of energy and passion that Reebok has championed for decades,” said SVP of Reebok, Daniel Schachne. “By collaborating with GLDN PNT, a brand deeply rooted in the sport, we’re excited to deliver innovative performance apparel to padel athletes everywhere and support the vibrant community driving the sport forward.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
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