Anti-dumping duties imposed by EU and the US have had extensive effects on Chinese textile and clothing industry.
After the two superpowers slammed doors on certain categories of textile imports, Chinese local markets are overflowing with home made clothing products.
This has caused domino effects on other related sectors like clothing accessories, textile machines etc. Moreover, enterprises have to bear the cost of warehouses to store their idle capacities.
Among the upstream losers, sewing machine makers from Jiangsu and Zhejiang provinces have suffered the most.
Competition domestic sewing machines markets has aggravated and therefore, industry experts suggest such enterprises explore and exploit overseas markets.
Fibre2fashion News Desk - China
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