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Related Keywords: added advantage of having a domestic market, Chinese markets, erode profit margins, gateway for Indian companies, Hong Kong Trade Development Council, Hongkong, Hongkong companies with labour intensive factories, located on Chinese mainland, rise in production cost, second biggest textile and garmen exporter, seek althernative production bases

In recent years, the sustained rise in production costs on the Chinese mainland has eroded the profit margins of many Hong Kong companies with labour-intensive factories located on the Chinese mainland, prompting them to seek alternative production bases elsewhere.

India is rising as a new choice of relocating labour-intensive industries from China and also as a retail market of good potential, according to reasearch report by The Hong Kong Trade Development Council (HKTDC).

Related Keywords: Chinese, Chinese Texhong Group, fibre industry, FTA, Hong Kong based TAL Group, Hongkong, Taiwanese investors, TPP, Vietnam textile and garment industry

With Vietnam eyeing early conclusion of Free Trade Agreement (FTA) and Trans-Pacific Partnership (TPP), which according to the Ministry of Industry and Trade, the two agreements will be signed in 2015. The Chinese, Hong Kong and Taiwanese investors have of late started increasing their investment in garment and textile industry in Vietnam.

Related Keywords: Asia fashion hub, business platform, cashmere and blended fibres, cashmere fashion scarves, Cashmere world trade fair, design, Fashion Access, fine fibre fashion items, Hongkong, Indian exhibitors, inherent luxury, mix of exhibitors, quality, style

The third annual Cashmere World trade fair and Forum held in Asia’s fashion hub of Hong Kong ended with success. The Cashmere World exhibited a wide range of styles, quality, designs and services offered by the trade fair participants, according to Alessandra Cocchi, the Moderator of the event.

The mix of exhibitors was truly international and reflected the main cashmere producing nations of the world – Afghanistan, China and Mongolia, as well as other participants notably from India and Indonesia.