EU's declaration to abolish export quota imposed on Chinese textile products from 2008 has failed to cheer local textile enterprises.
This is because Chinese textile and clothing products are still reeling under the effects of technical trade barriers which are hidden and hence more lethal. Cost pressure and risks of textile manufacturers have increased due to these technical trade barriers.
For example, EU forbids entry of any Chinese textiles in which nickel content exceeds the stipulated 0.5 milligram.
Germany goes a step further in disallowing textile exports into the country that contain even a hint of harmful substances. According to German rules, any product found to contain oncogenic aromatic amine is destroyed on the spot. This rule has affected export of more than 100 categories of Chinese textile products.
The fact remains that EU is one of the main export markets of Chinese textile and clothing products and because of technical trade barriers, these exports are falling.
In the first five months of this year, export value of Chinese textiles was US $9.533 billion, up by just 5.5 percent than the same period last year.
Fibre2fashion News Desk - China
marketing@alchempro.com
