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    Chinese Clothing Exports To The United States Have Seen A Sharp Increase.

    2008/12/15 14:04:00 17

    Clothing Export Beauty

    The preliminary import data released by the US Department of Commerce show that in November, China's clothing exports to the United States accounted for 54% of the US clothing import market, reaching a new high. China's main quota export increased by 132%, and China quotas were about to end in January 1st next year. China's share of the US market in November exceeded 50% for the first time in history.

    Cass Johnson, chairman of the NCTO, said last year that China's exports were declining, and that the surge in exports this year was not surprising. Since July, China's textile industry has received a new export subsidy of US $10 billion. China is reaping their expected results.

    He pointed out that China's practice was a satire on China's agreement against protectionist measures at the G-20 summit. He urged the incoming Obama administration to take measures to save jobs in the United States. If China's exports to the US continue to surge in 2009, the United States will react quickly.

    Johnson said: "now our industry and our workers are at a critical juncture. Our country is in deep economic downturn, and the textile industry has suffered losses. In the first 11 months of this year, 66000 textile and garment workers have already lost their jobs.

    Now, the Chinese government is funding the textile industry to seize market share. The new US government must send this message to China that US textile job opportunities cannot be stolen by China.

    In 2007, China's share of the American Apparel market declined, but this year the Chinese government increased its textile export subsidies for the three time, and at the same time, the yuan began to depreciate, so China's share of the market has increased this year.

    In the category of products still subject to quotas, from September to November, China's exports increased by 132% compared with 2007 (2007 China's clothing exports reached a record high).

    Men's cotton trousers increased by 132% compared with 2007, while China's exports of women's cotton trousers increased by 115%, while women's knitted shirts and China's exports increased by 58%.

    Johnson said it is clear that although this year's retail market is the worst year in memory, China will create the biggest export growth this year.

    Related news shows that after the EU's cancellation of China's special quota in 2008, China's exports to the EU surged.

    In the first 8 months of 2008, the export of China's special safeguard products increased by 45%, while the prices of China's special protective textiles and clothing decreased by 12% on average.

     

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