After textiles, Chinese products take over other fields
31 Jan '07
1 min read
Chinese products, which have already achieved monopoly over local textile industry, are now penetrating other sectors causing worries to businessmen.
Presently, about 76 percent share of watches and 96 percent share of bikes imported by the country are from China.
China is the third largest exporter to Turkey after Russia and Germany. Chinese products have nullified Turkish imports from other nations in different sectors, thus conquering local markets.
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