November-2009
 

 

 

Enter your keyword or phrase to search PTJ





 

 

 
 

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.

 
Copyright 2007 Ptj.com.pk Entries (RSS)  Design: PTJ Graphics