China Warehouse- More Than Crockery Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RealMuLan who wrote (3133)	5/1/2004 4:58:09 PM
From: RealMuLan	Read Replies (1) of 6370

Cheap China cashmere flooding the market Some accuse the Chinese of foul play By Tschang Chi-chu ... Part of the reason China dominates the industry is that 70 per cent of the world's raw cashmere comes from Inner Mongolia, Tibet and Xinjiang, all autonomous regions within the country. Cashmere - the name originates from the Kashmiri goats found in the Himalayas - is derived from the soft short hair grown on goats only when temperatures fall 40 deg C below zero. Thus only a few places such as China, Mongolia, Afghanistan and Iran have the environment necessary for goats to grow the warm, soft cashmere wool. 'The best raw cashmere in the world is found in China, and China's best is produced here in Inner Mongolia,' Mr Wang Linxiang, president of Erdos, said in an interview at the company's headquarters. 'We use Chinese cashmere for shirts which require high-quality cashmere. We use poorer-quality cashmere from Mongolia and Iran for stuff like towels and coats.' For more than a century, the Chinese have been exporting raw cashmere to textile companies in Scotland, Italy and Japan. straitstimes.asia1.com.sg

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next