A片在线看网站日韩天天操|免费A片视频青青A√|网站a片在线观看|国产精品无码专区aⅴ电影男组长|四虎影视激情色久悠悠综合网|瑟瑟亚洲综合在线播放AV区|婷婷九月福利导航|免费看的一几片A片|黄色A片电影男女午夜大片|亚洲国产三级电影

The US having already imposed import restrictions on certain Chinese apparel and textile products and with the EU mulling over them, China is now burdened with overstocks of textile goods.

The ending of textile quotas, begining this year had induced Chinese producers to race for capturing maximum global share of the world textile and apparel markets, particularly from the US and European Union countries.

Local textile industries as part of prepations, had mobilised and invested huge amounts of money, manpower and other resources to ensure China dominate the global textiles scenario.

Large scale investments in anticipation of huge market share saw the first five month''s investment in the industry balooning up 39.7 percent, year on year basis as per the Chinese Ministry of Commerce figures.

Now, it is revealed that in almost 87 percent of 84 textile product categories, a situation of oversupply persists in the domestic market.

Reasons however, is not farfetched, as trade relation between China and the US & the EU soured over massive surge in cheap Chinese imports to those countries, crippling their respective domestic industries.

All this also shows the urgent need for local producers to regroup and rework strategies to avert the near crisis situation.

Turning to figures, the ministry data conveys that despite trade measures by US and the European Union against Chinese textile exports, China¡¯s textile exports touched $450.35 billion, up 21 percent year on year, but 2.4 percentage points lower than that in the same period, in 2004.

Further, the apparel price index saw a 2.1 percentage points drop at 97.9 points during the first half of this year, because of the glut in apparel supply in the Chinese market, says Commerce Ministry .

The Ministry views that China''s textile industry will face uncertainities in the second half of this year due to continuing trade disputes with the US and the EU.