Imports hit profits at Waterford

Fine crystal and china maker Waterford Wedgwood has reported an increase in its pre-tax loss and said it had faced "serious challenges" during the year. In the near future there is a weaker demand projceted.

Italy: imports from China increased 250%

Tholen – During last year Italy experienced a true invasion of imports from China. Imports from the Asian country increased by 250%. According to the Italian confederation of growers, CIA, the market is flooded with tomato pulp, apples, pears, garlic and onions, all from China. It is feared also Chinese wine will start flooding the Italian market, as it could rise to significant proportions. This will be interesting to see where the market heads next.

Manufacturers in Fresh Drive to Curb Chinese Imports

North America's two remaining mass-market bicycle manufacturers on Monday began setting out their case for protection from sharply rising imports from China and Vietnam. Imposing a tariff on basic bicycle parts will effect the volume of imports to the United States.