NORTH KOREAN TEXTILE EXPORTS TO CHINA TO QUADRUPLE: KITA
October 1st, 2014
NORTH Korean textile product exports to China are expected to quadruple to USD800 million by the end of 2014 from 2010, according to the Seoul-based Korea International Trade Association (KITA) – giving Chinese clothing firms a welcome supply of cheap fabric. “This information is from our China office in Beijing, whose sources include China customs,” said a KITA spokesperson. KITA made the prediction based on North Korea’s textile exports to China in the first seven months of this year, which reached USD410 million, soaring from USD190 million in the 2010 ...
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