Business, Management and Accounting
8 years ago

China's Textile Industry Faces Tougher Competition After Quota Abolishment.

WHICEB
A Study on the International Competitiveness of China Textile and Clothing Industry.
Yao Zhang, Tao Bai

Paper Summary

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The article discusses how China's textile and clothing industry has become competitive due to factors like raw materials and labor. Other countries like India and Turkey can also benefit from these advantages. After the quota system ended in 2005, these countries gained better trade policies than China, making the market more competitive. The author aims to analyze China's international position, competitiveness, problems, and strategies for industry innovation and upgrade.