COMMENT: Has China hijacked the global garment industry?
Author: just-style.com | 6 January 2011
2010 had but one country winner: China. With its share of the US market surging towards 40%, and FOB prices beginning to rise, David Birnbaum asks why, and how, the country continues to maintain its dominance. The answer, it seems, is that everyone else competes to make the easy stuff, leaving China to mop up the profits elsewhere.
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