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China’s textile industry looking for greener pastures in Africa

Related Keywords: china and Africa, china invests in morocco, cotton price in china, Esquel, labour cost in china, Muji, Nike, Ralph Lauren, raw material in china, Textile in china, Tommy Hilfiger, Yuemei Group, Zara

Rising labour costs, raw materials and slowdown has been staring at textile industry in China for quite some time now. And a move to expand outside China is also discernible to wade of from high cost of production. The most chased location to relocate is Africa attractive for companies in terms of costs and market access.

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