China textiles exports to EU jump 40 per cent – Raphael Minder

From The Financial Times:

China’s textile exports to the European Union rose by 40 per cent in the first eight months of the year, at the expense of other Asian and African clothing exporters, while overall EU textiles imports were little changed.

The European Commission’s latest trade figures are likely to confirm fears that developing countries are among the main losers after last January’s worldwide removal of textiles quotas.

They have struggled to keep up with China’s large and modern clothing production facilities in a liberalised trading environment.

Technorati Tags: ,

Open popup

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.