Apparel exporters face tremendous
pressures at Canton Fair
It is reported that recently the U.S. textile groups and
major textile worker unions are in close communication to study
and research the possibility of introducing 421 safeguard
investigations on Chinese apparel imports. It makes Chinese
apparel exporters who are preparing for the third stage of
Canton Fair face tremendous pressures.
Vice President Zeng-yu of Guangdong Provincial Foreign Trade
and Development Corporation said, the EU rapid alert system for
non-food (RAPEX) announced 130 reports on Chinese textile and
apparel products in the first half, representing an surge of
10.82 times. China's export to the largest export market of
China's clothing products fell 8% in the first 7 months.
An expert says that market economy status is the key to
reduce trade friction. It is learned that there are 79 countries
currently have recognized China's market economy status, but
main markets such as the United States, Europe, have not
recognized China's market economy status.
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