South African Clothing Sector Seeks Competitiveness To Resist Chinese Market

South Africa clothing John balde, executive director of the manufacturers association, pointed out that the South African government should elaborate on such trade and industrial policies, which should be able to create an equal competition environment for South African clothing manufacturers and compete with mainland Chinese competitors.

Balde was organized by the International Labour Organization. special The comments were made at the seminar. The clothing industry is an important industry for South Africa, because the garment industry is not only an employment industry, but also a key task for the country to shake off poverty. Therefore, there should be an equal competition environment between domestic manufacturers and their Chinese competitors.

Besides, Customs Fraud should also be immediately controlled, in order to allow the apparel sector to compete at the global level. Over the past few years, fierce debates on China's current policies have been carried out, especially in the US and Europe. The people's Bank of China keeps the renminbi at a low level, aiming to boost export prosperity. This practice is artificially keeping the currency in a low position, giving more competitive power to the goods and services of the country, and has a negative impact on other exporters and local manufacturers. Therefore, in this regard, the global community should take measures to oppose China's change of monetary policy, balde stressed.

Balde said that the government should take substantive measures to oppose unreasonable policies, which proved to be a threat to the survival of the clothing industry in South Africa.