Clothing manufacturers in China are bracing for possible European trade 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.
