CHINESE TEXTILE COMPANIES KEEP EXPANDING GLOBAL FOOTPRINT BUT NOT ALL IS ROSY
August 13th, 2024
As intensifying international trade frictions highlight the need for Chinese textile companies to spread their risk by investing in production capacity within diverse global markets, Chinese textile companies are indeed expanding their global footprint. That includes downstream as well as upstream segments. South and southeast Asia remain key regions for such investment, with countries like Vietnam, Cambodia and Bangladesh offering advantages such as lower labour costs and smoother access to raw material sources, such as cotton. According to recent research note ...
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