The Deterioration Of The International Economic Situation Has Affected The Momentum Of Textile And Garment Enterprises Going Abroad.
With the deepening of reform and opening up and the expansion of external exchanges, China's overseas investment enterprises have spread all over the world, but overall, the distribution of Chinese enterprises across the broad leaf area is still relatively concentrated in the Asia Pacific Economic Region. Therefore, the deterioration of the economic situation in neighboring countries such as Vietnam is bound to affect the "going out" process of domestic enterprises.
Indeed, Vietnam's recent financial problems and its impact on the Asian economy have caused considerable shocks and debates in China's economic and business circles, and some overseas media are puzzled.
In fact, when they understand that 80% of Chinese investment projects are concentrated in the Asia Pacific region, it is not surprising that China is showing such sensitivity.
A few days ago, Sun Huaibin, a spokesman for the China Textile Industry Association and director of the Ministry of industry of the China Textile Industry Association, said in an interview with our reporter that influenced by the complicated financial environment in neighboring countries and regions such as Vietnam, the trend of "going out" of domestic knitting and textile enterprises will be weakened.
Textile enterprises mainly go to the Asia Pacific Region
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