Taiwan: Trade Between China And The United States Is Aggravating. Textile Industry Is Worried About Expansion.

Sino US trade war intensified and sustained, chairman of textile and Development Association

New fiber Chairman

Chairman of Nanfang Textile Co., Ltd.

And chairman of Ru hung

16 leading textile companies are in Taiwan this year.

During the exhibition, they are worried about the expansion. They will be more conservative next year than they are this year and expect to grow moderately and steadily.

In the wake of the recession in Europe and the United States and the global stock of apparel brands, 2018 is the best operation for the domestic textile mills in the past 3 years.

It is considered that from the current situation of most spinning mills,

Although the impact on next year's boom is not large, the whole industrial environment should still grow moderately or moderately.

Zhan Zhengtian pointed out that the functional textile supply chain in Taiwan is already the leader in the global apparel industry and the main market.

Although global buyers will face a slowdown in trade between China and the United States, however, considering the integrity and centralization of supply, Taiwan's textile industry should still be positive when placing orders.

Nanfang is cautiously optimistic about the Vietnamese market. Hou Boming pointed out that at the end of the year, it will carry out the third phase of the two plant of the prince's Dragon plant, and the investment and installation of 20 thousand new machines and equipment. It is expected that it will be put into operation next third quarter.

Wu Dongsheng believed that the Sino US trade war will affect the business decision-makers' wait-and-see and hesitation on the future prosperity, and then weaken the downward trend. With the recent boom reaching its peak, the growth period will be higher and the growth kinetic energy will slow down. Therefore, next year's boom should be conservative and pessimistic.

Hong Zhenhai, chairman of Ru Hong, a garment and garment factory, pointed out that the Sino US trade war will lengthen wait-and-see time for global brand buyers, which will certainly affect the speed and strength of decision makers' orders, and the textile industry may grow in stability next year.

Hong Zhenhai believes that different industry chains and individual manufacturers can only "climb mountains and work hard" in the face of next year's competitive environment.

Products with distinctive characteristics and innovative enterprises can maintain growth momentum.

Xu Xudong, the new chairman of the Far East, said that the Sino US trade war had an overall impact on the global prosperity. The two sides are not talking well now, but such a situation should not drag on for too long, and will not be beaten. After all, it will affect all the citizens of the earth and to a certain extent will always slow down. Therefore, the textile industry boom next year is cautiously optimistic.

(the picture is from the network)