FACING WTO DISPUTES, MORE CHINESE MANUFACTURERS TURNING TO EMERGING MARKETS
October 1st, 2012
BY WANG FANGQING IN SHANGHAI
China's clothing and textile industry - already undermined by rising costs and competitors snapping at its heels - is especially vulnerable to fallout from a World Trade Organisation dispute (WTO) brought last week by Mexico.
It claims that Chinese government subsidies and tax-breaks for its textile and clothing sector break WTO agreements - and if a disputes settlement panel, Beijing will be under pressure to end these.
The Chinese Academy of International Trade and Economic Cooperation, a state-owned consulting firm based in ...
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