Richard McGregor: China to scrap curbs on textile exports

From The Financial Times:

China plans to scrap curbs on its textile exports to the US and European Union in the latest escalation of a dispute that is souring Beijing’s trading relations with its two biggest export markets.

Bo Xilai, commerce minister, said on Monday China would cancel export tariffs on 81 apparel and textile products from Tuesday in response to decisions by the EU and US to reimpose limits on Chinese textile shipments. But Mr Bo stopped short of threatening to take China’s complaints to the World Trade Organisation, although he insisted it was an option Beijing might consider in future.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.