Blog: China has plenty left in the tank
Joe Ayling | 26 July 2010
China, the world's leading manufacturing nation, featured heavily in last week's news for mixed reasons.
The week began with news of an EU agency probe into clothing imports from the country during 2005 that were wrongly labelled to sidestep temporary duties.
In more recent years, of course, China has matured into a thriving retail market, underlined once again by Japanese apparel maker Renown's plans to open at least 2,000 shops there over the next decade.
Latest figures show that China's GDP growth cooled off in the second quarter, although the 10.3% rise is still enviable for many struggling Western economies.
Indeed, firms like Nike, Burberry and Gucci are leaning against the Chinese to withstand stagnation in other markets.
In sourcing, latest opinion on just-style suggests that although rising wages, labour shortages and currency appreciation are all issues facing Chinese manufacturers, they are not unique to the country.
Furthermore, many of China's more established fashion suppliers now have a wide network of sourcing markets on their books to spread the risk.
As demand from the huge US consumer market gradually returns, China looks poised to cash in, but its manufacturing dominance has resulted in new issues and a brighter spotlight.
Fashion retailer H&M and UK based glove and leather manufacturer Pittards both say they are monitoring the situation in Ethiopia closely after the country's government declared a state of emergency af...
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...
- Fashion fit for the future – strategies for speed
- How PVH is paving the way for connected apparel
- Digitisation to drive new apparel-making models
- Pakistan industry seeks help to kickstart exports
- Under Armour Lighthouse will disrupt production
- US Q3 in brief – Columbia Sportswear, HanesBrands
- Primark sourcing chief Gordon steps down
- Child refugees found in Turkey apparel factories
- Chinese manufacturer invests $20m in US facility
- Managing change in the move to new tech tools
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022
- Apparel (GLOBAL) - Industry Report