Chinese textile companies might see Thursday--the first day of 2009--as the beginning of an unfettered era of free trade,but the outlook is clouded by weakening demand and rising protectionism amid the financial crisi...Chinese textile companies might see Thursday--the first day of 2009--as the beginning of an unfettered era of free trade,but the outlook is clouded by weakening demand and rising protectionism amid the financial crisis. Many textile companies cut exports to the lowest level in recent years.Some even failed to use up the quotas acquired before the third quarter.Shrinking orders in the fourth quarter and dim prospects for the year 2009 would mean a"tight"year for textile makers.This report contains information on the export status of original US quota-展开更多
文摘Chinese textile companies might see Thursday--the first day of 2009--as the beginning of an unfettered era of free trade,but the outlook is clouded by weakening demand and rising protectionism amid the financial crisis. Many textile companies cut exports to the lowest level in recent years.Some even failed to use up the quotas acquired before the third quarter.Shrinking orders in the fourth quarter and dim prospects for the year 2009 would mean a"tight"year for textile makers.This report contains information on the export status of original US quota-