The US textile industry wants a deal signed that limits Chinese imports in more than 19 categories of apparel to a 7.5 percent growth rate per year until 2008, according to the American Manufacturing Trade Action Coalition.
In preparation for the showdown, China's Ministry of Commerce held a conference last week with its major textile exporters to hear suggestions about how to handle the dispute, the China Daily reported.
Cao Xinyu, vice-chairman of China Chamber of Commerce for Import and Export of Textiles, said Chinese companies expected that the new negotiations would help remove the uncertainties plaguing the industry and hitting profits.
The Sub-Council of Textile Industry, CCPIT
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