Textile group seeks emergency WTO meeting on Chinese exports

Laws, Forrest
July 2004
Southeast Farm Press;7/7/2004, Vol. 31 Issue 17, p4
Trade Publication
The article discusses the threat posed by China's textile industry to the remainder of the world's textile manufacturers. Up to 30 million textile and clothing manufacturing workers will lose their jobs and $200 billion in world market share will be lost if one or two countries monopolize the world's textile and clothing market. To preserve economic stability World Trade Organisation needs to take decisive action to insure that world trade in textiles and clothing is not disrupted. U.S. textile manufacturers have been warning for years that China's escalating exports to the United States posed a major threat to their industry.


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