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China year-end review 2023: Continued domination

27 Dec '23
53 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • China saw *% drop in textile exports but a *%.* rise in new foreign-invested companies.
  • FDI fell by *.*%.
  • Key events: currency swap with Saudi Arabia, Santoni's acquisition of Terrot, and textile industry conferences in Keqiao.
  • Cotton prices fluctuated, and ITMA Asia+CITME emphasised innovation and sustainability in China's textile sector.
China saw * per cent drop in textile exports but a **.* per cent rise in new foreign-invested companies. FDI fell by *.* per cent. Key events: currency swap with Saudi Arabia, Santoni's acquisition of Terrot, and textile industry conferences in Keqiao. Cotton prices fluctuated, and ITMA Asia+CITME emphasised innovation and sustainability in China's textile sector.

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