Home / Knowledge / News / Textiles / ASEAN to be bulwark of Chinese textile exports
ASEAN to be bulwark of Chinese textile exports
05
Mar '10
The economy has started to slowly recover in most of the ASEAN countries since the second half of 2009 and the pace of development continues to improve in 2010, thus becoming an important economic base to support the growth of China's textile exports to ASEAN.

According to published data, as the largest economy in ASEAN, Indonesia's GDP growth was 4.5 percent in 2009, Vietnam's GDP growth was 5.32 percent in 2009, exceeding its growth target of 5 percent; Thailand's GDP fell 2.3 percent, but better than expected decline of a negative 2.8 percent.

Singapore's GDP declined by 2.0 percent, however it significantly narrowed for the full 2009, when compared with the first half of 2009, when it stood at a negative 6.5 percent. According to the forecast by the Asian Development Bank, Southeast Asia's economy 2010 the region's economy is expected to wind back to the levels of 4 percent.

Fibre2fashion News Desk


Must ReadView All

'Sportswear is much more mainstream than earlier'

Fashion | On 20th Jul 2018

'Sportswear is much more mainstream than earlier'

The business of sportswear has evolved at a fast pace over the years. ...

Courtesy: YKK

Textiles | On 20th Jul 2018

Japanese firm YKK explores opening office in Uzbekistan

Japanese company YKK recently discussed with the Uztuqimachiliksanoat ...

HFPA alerts member firms on latest US tariff announcement

Textiles | On 20th Jul 2018

HFPA alerts member firms on latest US tariff announcement

The US Home Fashion Products Association (HFPA) has alerted its...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Top executives
Textile industry

It will take some time for the people to change their buying choices

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search