TAIWAN BETS ON FUNCTIONAL KNIT FABRICS
January 1st, 2014
Functional knit fabrics bucked the trend in 2013 as Taiwan’s exports of textile and apparel products declined 1% by value to end at USD11.7 billion.“Overseas sales of Taiwan-made functional knit fabrics increased 8.8% in 2013. We think it will continue to rise in 2014 along with the popularity of outdoor wear and sportswear,” said Chen Hong Yi, a manager at the Taiwan Textile Federation (TTF).Eyeing economic recovery in major western markets such as the US and Japan, Chen added: “We think the export of textile and apparel products in 2014 could actually ...
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