CHINA: To restrict textile exports to South Africa
China has agreed to limit textile exports to South Africa in order to protect the latter's industry in a draft trade deal.
The deal comes as the two work on enhancing their economic relationship, which has been intensifying in recent years.
South African producers say they have been badly affected by China's cheap textile and clothing imports, as illustrated by a string of factory closures and worker layoffs.
China has also promised to spend more on African textile businesses if they up their incentives for investment.
South Africa and China have entered into a textile and clothing agreement to limit the flood of Chinese imports into Africa’s biggest clothing manufacturing centre. But will China’s commitment to curb...
Faced with Asian competition following the global elimination of quotas, a number of Sub-Saharan African textile and clothing firms are trying to stay afloat by investing in new factories....
- Traditional financing is a misfit for fast fashion
- US apparel retailers' November 2016 sales roundup
- Planning is key to an effective inventory strategy
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- US Q3 in brief – Genesco, G-III Apparel, Express
- Esquel efficiency drive continues to boost brands
- Columbia waterproof jacket first made without PFCs
- Film documents Cambodia garment workers' stories
- North Face parka features synthetic spider silk
- Outdoor performance apparel 2016: A broader perspective
- Footwear Top 5 Emerging Markets Industry Guide_2016
- Global market review of lingerie – forecasts to 2022
- Global apparel markets: product developments and innovations, October 2016
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack