Meanwhile, it has been suggested that other companies who still have orders for various categories of textile products on hand should rev up their production and shipment and not sign new deals.
On the other hand, Chinese textile companies are exporting as many items as possible to European Union countries, cashing in on a "vacuum period" before the implementation of new management controls goes into effect.
Knowing that such practices might result in high risk, an official of a Shanghai-based textile manufacturer said producers had no other choice.
"How can we just wait and watch at home when all our competitors are doing so," said the official, who declined to be named.
The new management scheduled to take effect from July 20 will allocate EU quotas to the companies according to their exports last year and this year. But the exports before July 20 will not be counted.
If the remaining quotas to the United States and EU markets are not handled properly, a big blow to the Chinese textile industry, particularly small enterprises, is expected.
Canadian textile association also filed complaint to the Canadian International Trade Tribunal earlier this week in a bid to launch safeguard measures on nine categories of garments of China.
The Sub-Council of Textile Industry, CCPIT
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