CHINA SAFEGUARDS ROW
April 1st, 2005
BY KEITH NUTHALLEUROPEAN Union (EU) clothing retailers can expect to see restrictions being imposed on Chinese imports, although measures announced by the European Commission have been attacked as "too little too late" by the EU manufacturing industry. As expected, the abolition of textile trade quotas in January under World Trade Organisation (WTO) rules have sparked a surge in Chinese clothing exports. Manufacturers' federation EURATEX claims Chinese clothing and textile exports to the EU grew by 73% to US$2.7 billion in January-February, compared with last ...
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