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Textile confines put firms in dilemma

19
Jul '05
China Chamber of Commerce for Import & Export of Textiles stated that nearly ten thousand textile enterprises have been hit hard due to the restrictions imposed by the United States on certain categories of textile.

The statement was the result of a ten-day survey of the textile enterprises, which showed the vulnerable conditions of the textile firms. Around, 60 percent firms are suffering from the trade dilemma, because large quantities of their products is blocked in US customs, and on the other hand their textile stocks at home are overloaded.


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