Textile & garment exports to the U.S. and Japan get new spotlights
Source: CTEI Date: 2010-01-11
It's been another disappointing year for the hard-pressed export sector. Between Jan. and Nov. 2009, China??s textile and apparel exports declined by 11.02% compared with a year ago to $154.12 billion as demand from all of the major markets deteriorated. Of which, textile exports plummeted 10.66 percent; apparel exports plummeted 11.24 percent
Although the economic crisis hardly creates a favorable environment for the export, some sectors gets new spotlights. According to CNTAC, China's textile and garment exports to the United States edged up 1.53% year-on-year to US$25.34 billion; China's textile and garment exports to Japan edged up 0.26% year-on-year to US$20.1 billion.
