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Textile trade under pressure

27 Jun '06
1 min read

Even though Chinese textile is in its prime, experts view some challenges the industry has to cope with.

Last year, Chinese export stood third in the world, with 7.3 percent of world merchandise exports.

The expansion of Chinese export has been restricted by quota limits from international markets.

Moreover, production and export costs are gradually going up in terms of salary of workers and pressures from International Labour Organization (ILO) for eliminating environmental hazards and creating pollution-free working conditions at production units.

Fibre2fashion News Desk - China

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