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61% Decline in China`s 1Q textile machinery imports
According to a report compiled by the China Chamber of Commerce for Import and Export of Textiles, based on customs statistics, the nation’s imports and exports of textile machinery during January-March 2009 decreased by 56% from the year before to US$1,097 million: imports, US$866 million (down 61%) and exports…
Knitting machines were the top import item with US$143 million (down 44%).
Source: Asian Textile
From the Egytex news archive, first published on 21 May 2009. Figures and names are as reported at the time.