October 24

Kletterwerks – A True Heritage Brand from Montana

first_img It’s Time to Ditch Your Sleeping Bag for a Versatile, Lightweight Camping Quilt If you Google the definition of the word authentic, some of what you’d find is:  made or done in the traditional or original way; worthy of trust, reliance, or belief.  You might also see a picture of a Kletterwerks bag.Based in Bozeman, Montana, Kletterwerks (In German, Kletter means climbing and werk means plant, so ‘climbing factory’) is known for their great bags. They are the company that outfits the SOCOM or Special Ops Command and are carried by the majority of the Tier 1 Military Units in the United States.  Fire Fighters were the next to join as big fans. Now they outfit almost every HotShot fire fighting crew in the country.The hunting market developed from Kletterwerk’s own personal lifestyles up in Montana, and of course, they kept their roots in the outdoor and skiing scene.  Dana Gleason, a big skier and backpacker in the 80s and 90s, understands not only Big Sky Country, but what bags are a must have for guys around the country.They are also known for their collaborations with the likes of:  Mark McNairy, Pilgrim Surf and Supply & Advise. The ultimate in combing fashion and function.The increase, over the last decade, of American heritage brands, has been particularly impactful for Kletterwerks.   But their three key styles remain: the Flip, the Day, and the Rock. All made of 1000 denier Cordura fabric, which is a dense rip-stop nylon fabric that has a great strength to weight ratio.We could wow you with more techinal info, but the fact that the Navy Seals approached the company to replace their bags they had been using for 20 years, well that’s all we need to know. (And yes, Kletterwerks glady placed the bags with even better ones.) Editors’ Recommendations 1. Flip Pack 2. Kletter Kurier Bag 3. Day Pack 4. Konker Bag 5. Mark McNairy Collaboration 6. Pilgrim Surf Collaboration 7. Supply & Advise Collaboration 8. F/W Campaign 9. F/W Campaign 10. F/W Campaign 11. F/W Campaign The Best Netflix Food Documentaries to Savor Right Now last_img read more

October 4

China reports stronger April trade growth but analysts say export figures distorted

China reports stronger April trade growth but analysts say export figures distorted AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Joe McDonald, The Associated Press Posted May 7, 2013 10:36 pm MDT BEIJING, China – China reported stronger April trade but analysts said export data were inflated and its shaky recovery might be weaker than it looks.Exports rose 14.7 per cent over a year earlier, up from March’s 10 per cent growth, customs data showed Wednesday. Imports gained 16.8 per cent, up from the previous month’s 14.1 per cent.That suggested the world’s second-largest economy might be improving after an unexpected decline in growth to 7.7 per cent in the first three months of the year from the previous quarter’s 7.9 per cent.Analysts say, however, that Chinese export data are unreliable, possibly due to companies submitting inflated prices for their goods to evade capital controls and bring money into the country.“We believe the strong trade growth is not indicative of a growth recovery,” said Zhiwei Zhang of Nomura in a report.Chinese leaders are trying to nurture self-sustaining growth driven by domestic consumption instead of trade and investment, but consumer spending is growing slowly. That has forced Beijing to rely on state-led investment and bank lending to shore up the recovery, which analysts say could be vulnerable if exports or investment decline.The weaker-than-expected first quarter numbers prompted the World Bank and private sector analysts to trim forecasts for full-year growth, though to still robust levels of about 8 per cent.Louis Kuijs and Tiffany Qiu of RBS said that after factoring out irregularities, they estimated China’s exports rose only by about 5.7 per cent in April, about 9 percentage points lower than the reported level.In a positive sign for the economy, Kuijs and Qiu said they saw no obvious irregularities in import data and no reason to inflate the values of goods.“Reasonable import growth suggests domestic demand has held up better so far,” they said in a report.Surveys by HSBC Corp. and a Chinese industry group showed China’s manufacturing growth weakened in April. HSBC said new export orders fell for the first time this year.China’s export data have been under scrutiny since analysts pointed out last year that they failed to match up with its trading partners’ lower figures for purchases of Chinese goods.Wei Yao of Societe Generale cited the example of Taiwan, which reported a 2.7 per cent decline in April imports from China while Beijing said exports to the island rose 49.2 per cent — a gap of more than 50 percentage points.“We continue to notice glaring discrepancies between China and its trade partners’ data, and so again suggest caution in interpreting the report,” Yao said in a commentary.Last weekend, the Chinese foreign exchange regulator announced it will clamp down on “serious mismatches” between flows of money and goods to stop attempts to evade capital controls.After that takes effect, “trade growth will likely slow,” said Nomura’s Zhang.A Cabinet statement last month promised to improve the role of consumption as a driver of growth. It pledged changes in medical, pension and other policies but gave no details. Analysts say better funding for social programs will be required to free up household budgets for consumer spending.April’s stronger gains in imports compared with exports caused China’s reported global trade surplus to narrow by about 1 per cent, though to a still-wide $18.2 billion.China runs a deficit with most of its trading partners, which supply oil, other raw materials and industrial components, and makes up for it by running large surpluses with its U.S. and European export markets.China’s exports to Europe, hurt by the continent’s debt troubles, declined 6.5 per cent to $25.9 billion and the surplus with the 27-nation European Union narrowed by 32 per cent to $7.9 billion.Trade with some European countries suffered even bigger declines. Germany’s imports of Chinese goods fell 7.2 per cent and France’s by 6.7 per cent.Exports to the United States edged down by a fraction of 1 per cent to $28.1 billion while the trade gap with the U.S. narrowed by 13 per cent to $14.7 billion.___General Administration of Customs of China (in Chinese): www.customs.gov.cn read more