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China: Aiming For 7.2 Million Tons, But Future Unclear
Jan. 14, 2008
However, the country may also be facing challenges to its market dominance. A recent study by a supply chain specialist cited on www.EmergingTextiles.com said that China "may rapidly lose its competitive advantage in the coming years."
Compared with other Asian countries, the article noted that China will be hurt by increased currency value and higher costs for labor. China is also disadvantaged compared to Eastern Europe and Central America in terms of longer lead times, which are being more important factors to clothing buyers.
Source: Farm Chemical International
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