Small textile enterprises have stolen the show in international markets registering a record profits this year.
Experts opine that anti-dumping duties on mid-size and multinationals by the US and EU and other trade frictions from international markets have proved blessings in disguise for these small wonders.
Moreover, appreciation of Chinese currency RMB and their observance of labour laws push such enterprises to grab larger market chunk.
However, small companies have failed to create their own brands due to their technical incapabilities. Only middle and big enterprises can take on international markets.
Fibre2fashion News Desk - China
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