Jiangsu Province, in November, exported textile products worth of US $53.26 million, incurring a loss by 13.36 percent against last year.
According to the statistics, from January to November, the total export of the textile products was $665 million, up 7.18 percent than the same period of last year. The growth rate in exports, this year, has decreased and by November, it has gone down to minus.
The export products mainly include textile fabric and clothing.
According to experts RMB appreciation has created all the pressure on exports as much as some small enterprises have decided to close down unable to cope up with the pressure.
Fibre2fashion News Desk - China
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