Taiwan: Have The Ambition To Go To War With Textile Mills.
The Sino US trade war has hit the mainland's domestic demand market, coupled with the rise of new production capacity and the emergence of low price competition. The textile mills have shown signs of slowing down the investment in mainland China, including garment manufacturers, Duong hung Ju, poly Yang, and the effective supply of fabric suppliers.
In the new city of Tainan, mainland China, Zhejiang, Hangzhou and Anhui, factories have established factories, but due to the intensified competition in the local market and the impact of trade wars on customers' orders, Vietnam began to make a new start in Vietnam over two years ago, and set up a consistent factory on the upper and lower reaches of the spinning industry.
At the end of 2016 at the end of the end of the year, the garment factory, Wuxi, finished the Vietnamese production line in the past three years, and announced more than $170 million in Indonesia's new cloth factories and garment factories.
At present, only Jiaxing factories in the mainland gather Yang, and gradually reduce the proportion of investment, reduce the proportion of revenue, and gradually increase investment in Southeast Asia.
Indonesia is the second largest production base in the world, accounting for 30% of the capacity of the whole year. The production scale of Indonesian plant will be expanded, and the expanded production line will be further expanded in the near future, hoping to increase the scale of production from 30% now to 33 to 35%. Together with Li Li group, poly Yang will carry out strategic cooperation with the Li Li group's Indonesian plant to facilitate vertical integration.
The down garment factory in Jiaxing is mainly located in the local market. However, due to the influence of trade war, over the past year, more and more enterprises have been buying and merging in Europe and the Middle East in order to expand the market size and scale.
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