CHINESE INVESTMENT PROSPECTS IN PAKISTAN’S TEXTILE SECTOR APPEAR BLEAK
May 1st, 2018
PAKISTAN’S textile industrialists are downbeat over the diminishing prospects of investment by Chinese financiers and manufacturers, holding the government responsible for the apparent stalemate with its continued prohibitive production costs.
Speaking to WTiN.com, Pakistan textile industry insiders believe that sensing the high cost of doing business compared with rival manufacturing countries in south Asia, Chinese investors are losing interest in the Pakistani sector.
Last November (2017) a delegation of Chinese textile investors visited Pakistan, ...
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.