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Markets
Doha breakdown to affect Chinese textile export
Breakdown of Doha talks has reduced chances of decrease in global duty cuts for the moment. One of the sectors where duty cuts are most contentious is the textile.
Last three years have seen an increase in the consumption of textile in America however, the rise has been inconsistent.
In China, export of textile from private sector has been on the rise whereas, the share of government owned enterprises has been declining constantly.
| Source: Fibre2fashion.com |
From the Egytex news archive, first published on 8 August 2006. Figures and names are as reported at the time.