CHINA TO RELOCATE TEXTILE PLANTS TO RUSSIAN FAR EAST AND SIBERIA
May 1st, 2016
Chinese investors are considering expanding their presence in the Russian textile industry, according to Russia’s ministry of industry and trade. The move is expected to take place through the Chinese financing of new production facilities within Russia and the relocation of existing China-based textile plants to Russia, ministry officials told WTiN.com, although they would not name the potential Chinese investors or companies planning a move. A key focus of these plant transfers would be Siberian and Russian far-east regions bordering China – the two ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.