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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (3602)	10/31/2004 12:41:53 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

<Who will be the bigger loser if the US limits the textile import from China? <g>>--"China feels a pricing squeeze too" By Doreen Hemlock Business Writer Posted October 31 2004 GUANGZHOU, China ?While many Americans fret about China dominating the U.S. garment market soon, counterparts in this Chinese boomtown see plenty of reasons why Chinese sales may be constrained short-term and why their homeland might not reap the biggest gains long term from changing trade rules. When quotas end on most of the world's apparel trade Jan. 1, garment factory manager Paddy Fong expects competition to become so stiff to win U.S. orders that already slim markups for Chinese producers will be further squeezed. He's already seen the price paid for producing a down jacket come down from about $30 roughly a decade ago to $20 or less. The big profits in the supply chain go not to factories, he said, but to designers and retailers based in the United States. ... sun-sentinel.com