Related Keywords: bringing trade momentum from China to Vietnam, China is not a part, companies are trying to move out of China, elimination of tariffs, promote competitiveness of textile industry, signing of TPP trade agreement, textile industry of China, threat a power shift in the worlds textile industry, undergoing palpable change
With the signing of the Trans Pacific Partnership trade agreement between 12 Pacific Rim countries which China is not a part, the textile industry of China is undergoing palpable change as many countries apart of the agreement threat a power shift in the world’s textile industry.
The Woolmark Company key account manager for Hong Kong, Daniel Chan said that despite the slowdown in Trans-Pacific Partnership by the United States presidential and congressional elections, the impact has already been felt by China as companies are trying to move out of China.
