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Vicente Fox appraises Chinese Prez Hu Jintao on illegal Chinese textile imports
13 Sep '05
1 min read
Acknowledging that the trade balance is heavily in favor of China, Mexican President Vicinte Fox appraised the visiting Chinese President Hu Jintao of the cheap and illegal imports of Chinese textiles making way in to the country.
Mexican textile industry feels threatened due smuggling of Chinese products in to the country that has palced 30 different businesses at risk in Mexico.
Industry also claims China and other Asian countries are places from where illegal garments enter Mexico and has reached 58 percent level, so far.
Bilateral Mexico-China trade has reached 15 billion and both the sides are seeking further strengthening of business relationship.
Hu was enroute to the US after short visit to this country.
Mexican textile industry feels threatened due smuggling of Chinese products in to the country that has palced 30 different businesses at risk in Mexico.
Industry also claims China and other Asian countries are places from where illegal garments enter Mexico and has reached 58 percent level, so far.
Bilateral Mexico-China trade has reached 15 billion and both the sides are seeking further strengthening of business relationship.
Hu was enroute to the US after short visit to this country.
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