EU IMPORT FIGURES

BY KEITH NUTHALLCHINA'S competitors in the race to exploit this year's abolition of clothing and textile import quotas have been holding their own in sales to the European Union (EU), new trade figures show. Released by the European Commission, the statistics illustrate how China has - as expected - grown EU exports sharply: from January to May, it sold Euro 7.3 billion's worth of clothing and textile products, up from Euro 5.4 billion the previous year. This gives China 27% of the market, up from 18%.That said, China's key competitors have performed well, with ...


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