China＇s Import and Export of Textiles and Apparel in the Q1

China＇s textile and apparel industry suffered and unprecedented cold market for exports in the first quarter this year,the result of a few factors including;the appreciating RMB, decreasing export rebate rate, expanding influence of the U.S. subprime crisis, increasing costs of production and rising labor cost. The latest statistics, however, show that the textile and apparel exports in March increased by 40-50%,