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Bangladesh textile value chain share on the rise than other Asian countries

Related Keywords: Asian Development Bank report, Bangladesh attracted FDI in garments, Bangladesh textile value chain, Chinese textile firms shifting out of China, generated new trade, low cost production, making way to Bangladesh, rising faster than any other Asian countries, SEZ exports

Firms from Singapore, Japan, Taiwan and South Korea, which have traditionally relied on low-cost production in China are seeing Chinese textile firms shifting out of China and making their way to Bangladesh as a result Bangladeshi textile value chain is rising faster than any other Asian countries according to Asian Development Bank.

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