New York'S Chinatown Garment Industry Is No Longer Mostly Faced With Bad Luck.

According to the US Sing Tao Daily, New York's Chinatown garment industry, which prospered in 90s, has gradually declined with the wave of financial attack.

Under the severe influence of aristocracy and economic weakness in the lower east side, most of the garment factories have been closed down, and the remaining few have struggled with difficulties.

90s was the most developed period in the Chinatown garment industry. At that time, there were as many as 500 garment factories in the whole Chinatown.

Because many immigrants came to work very hard, needless to say, the clothes factory in English became the place where they earned their living.

It is reported that the garment workers at that time worked in the clothing factory, and could be self-sufficient.

There was once a very popular TV series in Beijing, "the people of New York in Beijing", reflecting the success story of musicians who came from New York to open their clothing factories in New York, which is enough to see the prosperity of the New York garment industry more than 10 years ago.

However, since China joined the WTO and opened its doors to foreign companies, many American companies have opened factories to Asian countries such as China, Vietnam and India, making full use of their cheap labor and trade preferences.

It takes only 45 days for an American clothing company to deliver a batch of goods from the original design to the United States.

As a result, the local garment industry in New York has been seriously affected.

The growing trend of aristocracy has left most factories in the east of the streets of poly Street unable to afford expensive rents and have to close down.

A garment factory which has been operating for nearly 20 years in Grand Street announced its closure in October 13th.

The initial rent of the garment factory, which covers an area of 9000 feet, was only $5000, and then rose to 9000 dollars at 5% every time, and the new lease now requires us $20 thousand a month.

The boss said that under the aristocratic erosion of Dongcheng and Chinatown, many garment factories including themselves could not afford expensive new contracts and had to close down.

He said that more than 10 years ago, there were nearly 500 garment factories in Chinatown, but now there are only 10 to 20.

It is also very difficult for the remaining garment factories to pay workers.

Another garment factory on the street of AI Lai Zhi is still struggling with pain.

The entire 8 storey building where the garment factory was once used to be factories, but now only the last one on the 8 floor.

The boss said that they had to leave the building at the end of this month because they did not sign a contract.

On the afternoon of 13, about 10 people started work in the garment factory, almost all of them were Fukien.

Their pants are neatly priced at between $16.99 and $19.99.

The boss said that he was almost holding money now, and he didn't know what to do next month after he closed the door.

A large piece of open space between Erzhi and Kennedy Road was once a large garment factory.

A hotel will be built after closing business last year.

The fate of the few garment factories left by Chinatown is not optimistic before the current economic crisis.