10.07.24 – China’s textile exports
Slow recovery after the pandemic slump
The global markets are recovering and opening up to increased imports of textiles and garments, even though imports still remain below the pre-pandemic levels. The global economy displayed a weak recovery, affected by geopolitical tensions, trade disputes and high inflation. Despite the challenges, China continues to be the world’s leading supplier of textiles and clothing.
Countries in China’s Belt-Road-Initiative accounted for more than 50 % of China’s textile and clothing exports. © stock.adobe.com/ sirisakboakaew
Countries in China’s Belt-Road-Initiative accounted for more than 50 % of China’s textile and clothing exports. © stock.adobe.com/ sirisakboakaew
textile network met with George Zhang, CCPIT-Tex’s vice chairman, at New York’s Texworld trade show to find out more about China’s current export business. © Manik Mehta