CHINA OUTSOURCING SECTOR NEEDS TO ADAPT TO THRIVE, CONFERENCE TOLD
October 2nd, 2013
China’s textile industry must create new competitive advantages to compete with emerging low-cost producers such as Vietnam and Bangladesh in today’s tough export climate, according to a senior official with the China National Textile and Apparel Council.“It’s clear from the trade data that apparel exports in low-cost countries including Vietnam and Bangladesh are growing faster than those in China and we must increasingly look to expand the value of exports rather than rely on bulk selling at low prices,” said Liu Yaozhong of the council’s ...
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