• The joint statement of the China-US Geneva economic and trade talks was released. What signals does it send?
    The joint statement of the China-US Geneva economic and trade talks was released. What signals does it send? May 19, 2025
    1. Tariff Adjustment According to the Joint Statement of the Sino-US Geneva Economic and Trade Talks issued on May 12, 2025, the United States will suspend the imposition of additional tariffs of up to 24% on some Chinese products for 90 days. This measure mainly targets consumer electronics, some electromechanical products, textile products and daily consumer goods. Although this temporary measure is not a final solution, it has caused a positive response in the market, especially among companies that are easing exports to the US market. 2. Market reaction After the release of the joint statement, the global market reacted quickly. Nasdaq 100 futures rose by more than 3%, and the Hang Seng Index rose sharply during the session, indicating that the market is generally optimistic about the easing of Sino-US relations and looks forward to the two countries resuming normal trade exchanges as soon as possible. This is not only in the interests of both China and the United States, but also in line with the expectations of the global market. 3. Impact on China's foreign trade Export companies benefit: For companies that export directly to the US market, the 90-day tariff suspension means that orders may be restored, and some customers who have lost due to tariffs may reconsider cooperation with China. 4. Uncertain follow-up impact Although the current negotiation results show certain positive signs, the future trade environment and tariff policies may still change, and we need to continue to pay attention to the progress of the subsequent China-US consultation mechanism. In summary, although the China-US economic and trade negotiations have not yet reached a final agreement, the consensus between the two sides in some areas has begun to have a positive impact on the global supply chain and trade flows.
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  • Exchange Rate Fluctuations are Increasingly A Factor in Business
    Exchange Rate Fluctuations are Increasingly A Factor in Business May 09, 2025
    Recently, the RMB exchange rate has stabilized briefly amid depreciation pressure, but the expectation of depreciation has not dissipated. In recent years, the support of traditional trade surpluses for the exchange rate has weakened, and the continued weakness of the RMB under the background of wide interest rate differentials is still the baseline. However, factors that are favorable to the appreciation of the RMB are accumulating: the weakening of the US economy may accelerate the Fed's interest rate cuts, and the interest rate differential between China and the United States will converge; factors such as the stabilization and recovery of the Chinese economy, industrial upgrading, and the accumulation of foreign currency positions by enterprises are expected to reshape the supply and demand pattern of the foreign exchange market. Under the right opportunity, the speed and space of RMB appreciation may exceed expectations, but in the short term, we still need to be vigilant about the uncertainties brought about by the impact of US tariffs.
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  • Runteks 2025 XIAMEN INTERNATIONAL TEXTILE AND APPAREL SUPPLY CHAIN EXPO
    Runteks 2025 XIAMEN INTERNATIONAL TEXTILE AND APPAREL SUPPLY CHAIN EXPO Apr 29, 2025
    Although the exhibition has ended, the excitement never ends. Here, we have witnessed the resilience, vitality and unlimited possibilities of China's textile and garment industry, and also provided a new model for the coordinated development of the textile and garment supply chain. Runteks always on the road to progress. Let us meet at the 2026 XIAMEN INTERNATIONAL TEXTILE AND APPAREL SUPPLY CHAIN EXPO, with innovation as the shuttle and cooperation as the yarn, to weave a splendid future for the industry!
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  • Runteks Inatex and Indo Intertex Exhibition 2025
    Runteks Inatex and Indo Intertex Exhibition 2025 Apr 23, 2025
    With the strong support of strategic partners such as the Indonesian Ministry of Industry, the Indonesian Textile Association (API), the Indonesian Chamber of Commerce and Industry, and the Indonesian Exhibition Companies Association, the Indonesian International Creative Textile and Garment Accessories Exhibition Inatex and the Indonesian International Textile and Garment Machinery and Accessories Exhibition Indo Intertex will be held at the Jakarta International Expo (JI Expo) in Indonesia from April 15 to 17, 2025.
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  • Happy Easter from Runteks Group! Wishing You Renewal and Joy
    Happy Easter from Runteks Group! Wishing You Renewal and Joy Apr 18, 2025
    Dear Valued Clients & Partners, Warm wishes for a joyful Easter filled with renewal and hope!  May this season inspire fresh energy and opportunities for us all. At Runteks Group, we remain committed to supporting your goals through Recycle Products. Let’s embrace growth together this spring!Thank you for your trust. Explore our new products or contact us to discuss how we can serve you better. Wishing you and your loved ones a blessed Easter!
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  • Runteks Ramadhan blessings
    Runteks Ramadhan blessings Apr 02, 2025
    Dear all freineds,  May this holy month of Ramadan chase away the depression and misery that is getting the best out of you.  Runteks Group wish you Ramadan Kareem
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  • Runteks Successful exhibitions and visits in Turkiye
    Runteks Successful exhibitions and visits in Turkiye Mar 12, 2025
    The Tuyap exhibition was packed with people and lively for the 3-day exhibition, the audience flow has surged, and the exhibition hall is crowded with discussions, making it extremely popular. At this exhibition, we showed the latest types of yarns, fabric samples, and color cards, attracting a large number of buyers who were constantly creating numerous opportunities to facilitate new orders. After the exhibition, we also visited many customers to maintain and deepen business relationships, understand the local market, and establish friendly long-term cooperative trade partnerships.
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  • Runteks Group Istanbul Yarn Fairs' invitation
    Runteks Group Istanbul Yarn Fairs' invitation Feb 17, 2025
    Our company will attend the [ Istanbul Textile Exhibition ] in [ Turkey ]. All of our new products will be shown in this exhibition. We hereby sincerely invite you to visit our booth, here below is our booth information. Exhibition hall: Tuyap Fair Convention and Congress Center Booth No.: 520J Date: 26th-28th, Feb. It would be a great honor to meet you at the exhibition.
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