Chinese Govt may raise quota deposit to 100%
Source: CCPIT TEX Date: 2006-07-20
It is reported that Chinese goverment is planning to increase the textile export quota deposit from 30 percent to 100 percent.
Most textile enterprisers oppose this decision as it will build up the fund pressure.
Experts believe that the rise of deposit would stop speculation in textile export quota to some extent, however, 100 percent rise would bring more disadvantages.
