Lucy Hornby: China Clothing Makers Anxiously Eye EU Dispute

From Reuters:

Clothing manufacturers in China are bracing for possible European limits that would threaten the surging export business they have enjoyed since the end of a quota system opened up their access to world markets.

Speculation is also rife that Beijing might avoid a row by imposing export tariffs, possibly as early as May, although any loss of trade is not expected to make much of a dent on China’s powerful economy.

See also “EU warns on China exports” on The Financial Times.

April 27, 2005 1:45 PM
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