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Textile machinery exports & imports post impressive growth

10
Feb '11
China's imports and exports of textile machinery amounted to US $5.383 billion from January to November 2010, an increase of 59.56 percent year on year.

Of which, exports were US $1.573 billion, an increase of 46.42 percent year on year, growth rate was 73.67 percentage points higher than the same period of last year.

Imports stood at $3.810 billion, an increase of 65.69 percent year on year, growth rate was 100.77 percentage points higher than the same period last year.

The increase of imports was 19.78 percentage points faster than exports, as rebound in domestic market was better than international market.

Fibre2fashion News Desk - China


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