Global textile machinery & equipment producers turns to China
06 Jun '05
1 min read
Leading textile machinery and equipment importers and manufacturers are not keen not to wait for the trade meetings conclusion with the US and EU over flood in Chinese textile exports to their markets.
This textile machinery and equipment importers and manufacturers are too keen to sell products to weaving looms in China. Expecting to encash their prospects in the business, nearly 1,300 company from the US, EU, Japan and elsewhere were displaying looms, knitting machines and other technology at the International Exhibition on Textile Industry.
However the U.S. and the European textile producers claim that the major disruption in their domestic market due the surge in, that is creating major disruption in their own goods.
Shangtex organizers informed that it is recorded increase in the exhibitors numbers in the event comparing to previous year.
Hong Kong clothing makers boosted the textiles exports of China, as they shifted production units to the mainland for lower cost of the work force.
marketing@alchempro.com
