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China : Unstable trade as markets waver |
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2006-9-13
Wavering international market has resulted in instability in the import and export trade of Zhejiang Ningbo, one of China's significant manufacturing bases.
During last 8 months, the trade value to Taiwan has soared US $2 billion with a rise of 32.4 percent.
The textile and clothing export value was $7.21 billion, representing a growth rate of 33.9 percent.
However, unexpectedly export share to the US and the EU has shrunk to 27.5 percent from 32 percent.
Meanwhile, the textile and clothing export to Asia and Africa is rapidly increasing.
Positive aspect is that the export value to Russia has doubled. |
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| Fibre2fashion, News Desk - China | |
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