SOUTH KOREA: Chinese Textile Exports Start To Decline
After seven years of steady growth, South Korea's textile exports to China declined between January and May 2002. According to a report on the industry by Park Hun, a researcher at the Korea Institute for Industrial Economics and Trade, textile exports to China reached a peak of $892 million in 1998, but fell to just $59.27 million for the first five months of this year.
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