Related Keywords: Chinese companies, confronted with rising wages, Cotton market, fast increasing level of investment in Africa, higher energy bills, important customers, largely focused on large projects, major players in worlds textile market, mounting logistical costs, quotas on import of cotton, textile production in China
Chinese companies are the major players in the world’s textile market and important customers in the cotton market are fast increasing their level of investment in Africa. They have been largely focused on large projects as textile production in China is today confronted with rising wages, higher energy bills and mounting logistical costs, as well as quotas on the import of cotton.
