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China : Domestic sale exceeds export in clothing trade |
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2006-8-30
In order to avoid export risks, many textile units shift to domestic market. In the first half 2006, it was obvious that domestic sales exceeded export rise in clothing trade.
Therefore, fixed investment of textile industry has continuously been increasing this year.
At the same time, manufacturers of international apparel brands are also quickly entering Chinese market places, and domestic apparel prices go down once again.
In 84 categories of textile apparel, 86.9 percent of merchandise supply exceeds demand. Experts advise that it would be wise to invest in apparel trade.
Fibre2fashion News Desk - China
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