South Africa'S Clothing Sector Seeks Competitiveness And Resists China

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

Balde made the comments at a seminar organized by the International Labour Organization. The clothing industry is an important industry for South Africa, because the clothing industry is not only a Obtain employment It has produced industry and has played a key role in lifting poverty out of the country. Therefore, there should be an equal competition environment between domestic manufacturers and their Chinese competitors.

In addition, customs fraud should also be immediately controlled, in order to allow the clothing department to be in charge. Global level Get competitive position. 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.