Challenges Rising for China＇s Textile Exports in Post-Quota Era

The explosive growth of Chinese textile exports following the end of the global textile trade quota system has set off protectionist alarms in the West, and two of the biggest western industrialized countries or utilities, the United States and the European Union, coincidentally, both triggered processes to limit textiles imports from China, sparking an angry response from the rising Asian giant who swore it would not be pushed around on the issue.     

Review on China＇s Textile and Apparel Trade of 2007

1. Trends and Features of China＇s International Trade in Textile and Apparel in 2007.
The year 2007 has seen the total value of export and import of Chinese textile and apparel at US$190.0 billion, up 17.1%, accounting for 8.7% of the country＇s total trade of goods. Respectively, export and import stood at US$171.3 billion and US$18.6 billion, up 18.8% and 3.0%, accounting for 14.1% and 2.0% of the country＇s total export and import of goods. （Table 1）     

China Welcomes WTO＇s Scheduled End to Textile Quotas

Top Chinese representative to the World Trade Organization (WTO) has said the elimination of quota restrictions on textiles and garments from next year will bring open competition to the sector but China is against any attempt by WTO members which are trying to block China‘s export of textile products.     

China＇s Shoes Exports Expand in First Half, Prices Lower

China, the world＇s largest shoes producer and exporter, saw a 17.5% rise in the value of its shoes exports in the first half of 2007. but prices per Pair were lower than that for the previous year.     

China＇s Textile to Encounter Anti-dumping Peak in 2009

According to the Paragraph 242 of China＇s WTO Accession Report, by December 31, 2008,the importers are still allowed to set limitations on the quantities of the products on which China has abandoned the quotas, basing on the condition that they recognize that the Chinese products imported have disordered their domestic markets. Up till now, the USA, the EU, South Korea, Japan, Canada, India, etc., have launched legislation process in line with the Paragraph 242.     

How Is the Financial Crisis Affecting China＇s Exhibition Industry？

As the financial crisis, which was caused by the American subprime crisis, spreads across the globe, some countries and regions including the United States, Japan and the European Union bare plunged into economic recession. Some emerging economies have also suffered great shocks.China is no exception, facing looming negative effect.     

China Issues First 2006 Textile Quota Certifi cate to Exporter

OPEC countries, which produce 40% of the world＇s oil, are step ping up efforts to secure their market share in China as the group competes with Russia to supply the world＇s fastest-growing energy market.     

Bo Xilai：It＇s Unreasonable to Set Limits on Import of Chinese Textile Products

It is unreasonable that these countries take the attitude of pragmatism, which means to do what is favorable for themselves and refuse to do what is not unfavorable for themselves.     

Can export rebate increase help China＇s textile industry to warm up？

China continued to see a slowdown in export of textiles and garments in the first eight months of this year, due largely to weak demand resulting from economic downturn in the euro zone and the United States, the General Administration of Customs said on September 13.     

China＇s Soaring Exports Agitates Currency Debate

On March 10, statistics from China＇s General Administration of Customs showed that its exports climbed 45.7% in February from a year earlier, and 21% increase from January, beating estimates and providing fresh evidence of a robust recovery in an economy poised to overtake Japan as the second-largest in the world. Economists said the data signaled a rebound in consumer demand from the United States and other Western markets after the financial crisis last year.     

China＇s Auto Era Facing Energy Crisis

In early 1980s when China＇s reform and opening up policy just began,a photo taken by a foreigner,on which a sea of bicycles moving on the street at the front of the Tian＇anmen Tower.[第一段]     

Talks with EU Avert Textile Trade War

After 10 hours of tough negotiations, China and the European Union finally agreed late on June 10 to avoid escalating the textile trade disputes.     

Export Booming of China＇s Products

In the first half of this year,China achieved its IT export of US$56.91 billion,increasing 47.1%,accountiong for 30% of China‘s total exports.     

Analysis on China＇s Motorcycle Product Export

From 1958 till now, from copying the Soviet BMW-originated 750cc horizontal-opposed engine to becoming the biggest motorcycle manufacturing and exporting country. China＇s motorcycle industry had gone through a prosperous course of 48 years. And the motorcycle technology had also been improved gradually from simply copying, to technical cooperation, and finally to self-research and development. This had laid solid foundation for China＇s motorcycle industry, enabling it to gain large share in the world market.     

China＇s Textile Industry Structure Reforming Benefits Indian Export

Federation of Indian Chambers of Commerce and Industry （FICCI） shows that the reforming of Chinatextile industry is beneficial to producing new chances of increasing the export of Indian cotton yam and cloth to China. FICCI believes that China has the power of competing with international high quality textile cloth in the internationalmarket, and the intermediate production technique.     

China＇s Textile Rose up 20% during 2005

China enjoyed an estimated 20% rise in revenue, profits and exports in 2005 despite trade rows with the US and the EU, according to a report from the China Chamber of Commerce for Import and Export of Textiles.