Clothing manufacturers of Dongwang city are looking for new trade avenues as exports to Europe and the US have plunged in the wake of quota restrictions on Chinese textile exports.
Even Turkey, Argentina, Mexico along with several other countries have introduced quota limits on Chinese clothing. This is a new challenge for clothing exporters.
Facing the tough situation, many enterprises have begun to aim at Korean and Australian markets.
The textile quota is sold and bought in the market, which also brings new difficulty to the enterprises; therefore, it is better to explore new export destinations of unrestricted quotas.
Fibre2fashion News Desk - China