This is the reason for farmers in traditional cotton production area to continue cotton farming.
At the end of last year, Oxfam Hong Kong said in a report that the US was dumping large quantities of cotton into Chinese market, which depressed China's cotton price, forcing many farmers to retreat from cotton production. According to the estimation from Ministry of Agriculture's Rural Economic Research Center, in the past six years, imported cotton seized away more than 25 billion yuan from Chinese farmers, each cotton grower lost an equivalent income of 250 yuan.
Fibre2fashion, News Desk - China
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