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The US Association Said There Was A Sharp Increase In Exports Of Chinese Clothing To The US.

2008/12/19 0:00:00 10234

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The preliminary import data released by the US Department of Commerce show that in November, China's clothing exports to the United States accounted for 54% of the US clothing import market, reaching a new high. China's main quota export increased by 132%, and China quotas were about to end in January 1st next year.

China's share of the US market in November exceeded 50% for the first time in history.

Cass Johnson, chairman of the NCTO, said last year that China's exports were decreasing, and that the surge in exports this year was not surprising. When the Chinese government saw that the textile industry's export performance was poor, they increased their export subsidies according to their customary practices.

Since July, China's textile industry has received a new export subsidy of US $10 billion.

China is reaping their expected results.

He pointed out that China's practice is an irony for China's agreement on anti protectionist measures signed at the G-20 summit.

He urged the incoming Obama administration to take measures to save jobs in the United States. If China's exports to the US continue to surge in 2009, the United States will react quickly.

"Now, our industry and our workers are at a critical juncture," Johnson said.

Our country is in deep economic downturn, and the textile industry has suffered losses. In the first 11 months of this year, 66000 textile and garment workers have already lost their jobs.

Now, the Chinese government is funding the textile industry to seize market share.

The new US government must send this message to China that US textile job opportunities cannot be stolen by China.

In 2007, China's share of the American Apparel market declined, but this year the Chinese government increased its textile export subsidies for the three time, and at the same time, the yuan began to depreciate, so China's share of the market has increased this year.

In September, to November, China's exports increased by 132% compared with 2007 (2007 China's clothing exports reached a record high).

Men's cotton trousers increased by 132% compared with 2007, while China's exports of women's cotton trousers increased by 115%, while women's knitted shirts and China's exports increased by 58%.

Johnson said it is clear that although this year's retail market is the worst year in memory, China will create the biggest export growth this year.

According to relevant news, China's export to the EU has surged after the EU's cancellation of China's special quota in 2008.

In the first 8 months of 2008, the export of China's special safeguard products increased by 45%, while the prices of China's special protective textiles and clothing decreased by 12% on average.

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