CHINA: Guangdong’s Garment Exports Fall 1.6 Per Cent In 2000
Guangdong Province, south China, registered a decrease in garment exports in 2000, Asia Pulse reported today. Its export dropped 1.6 per cent to $9bn in 2000, 23 percentage points lower than the average growth of the province and 21 percentage points lower than the national average level. As a traditional export product, garments generate nearly $10bn of foreign exchange for the province each year. But exports have slumped recently, with the decline beginning in the second half of last year.
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