ASEAN TEXTILE MANUFACTURING CENTRES UPGRADING BACKWARD LINKAGE TECHNOLOGIES WITH MILLIONS OF DOLLARS OF IMPORTS

KEY textile manufacturing countries in southeast Asia are investing in new machinery to upgrade their textile technology, boosting backward linkages as they seek to strengthen and update local supply chains, international trade data shows. While that level of investment in imports seems to have declined in 2018, key textile manufacturing Association of Southeast Asian Nations (ASEAN) bloc countries have been importing millions of dollars of new machinery, helping them make the most of trade deals that can insist in local fabric, yarn and fibre sourcing. Vietnam, ...


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