Home / Knowledge / News / Textiles / US, PRC textile entrepreneurs explore new opportunities

US, PRC textile entrepreneurs explore new opportunities

Jul '19
Pic: Shutterstock
Pic: Shutterstock
US and Chinese textile industry entrepreneurs recently gathered at the China Textile and Apparel Trade Show in New York, exploring new opportunities to strengthen cooperation, adapt to changing global fashion trends and respond to bilateral trade uncertainties. The 20th edition of the show was held along with other textile expos, attracting thousands.

Although facing uncertainties over US-China trade tensions, most US companies are still looking for cooperation opportunities with Chinese businesses at the expos.

Chinese companies are not content with the 54.6 million tonnes of fibres China processed in 2018, accounting for half of the world's total, and the $276.73 billion worth textiles and apparel the country exported—36 per cent of the world's total, according to a news agency report.

According to the China National Textile and Apparel Council, Chinese firms are proactively shifting toward automation and smart production through technological innovation, and nurturing indigenous brands to move up the value chain.

Meanwhile, US industry executives are deeply concerned about the negative impact of US-China trade tensions and uncertainties on their businesses, according to the 2019 Fashion Industry Benchmarking Study, prepared by Sheng Lu, associate professor at the University of Delaware in collaboration with the US Fashion Industry Association (UFIA). As many as 63 per cent of respondents said the US tariff action against China raised their sourcing cost in 2019.

As companies are moving sourcing orders to Bangladesh, Vietnam and India, the average price of US apparel imports from these main alternatives to China have all gone up by more than 20 per cent in the first five months of 2019 year on year, the study found.

Despite the lingering tariff issues, China will remain a dominant textile and apparel supplier for the US market in the foreseeable future, because China does not have a strong competitor in the variety of products it can make, the study added. (DS)

Fibre2Fashion News Desk – India

Interviews View All

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Shiladitya K Joshi, Truetzschler India Private Limited

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Marcello Galvanin,

Marcello Galvanin

Galvanin has more than 50 years of experience in the production of textile ...

Lukas Hartmann,

Lukas Hartmann

Intex Consulting GmbH is a completely integrated enterprise resource...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Frank Heislitz, Freudenberg

Frank Heislitz

Freudenberg Performance Materials is a leading global manufacturer of...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Robert Brunner, Devereux

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2019

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

news category

Related Categories:

Advanced Search