For World Textile Information Network
By Jens Kastner 02 February 2021
China is slowing its exodus of fabric manufacturers to south and southeast Asia due to difficulties in the region and new advantages for domestic production.
The onset of the Covid-19 pandemic sparked predictions that the shift of textile industrial capacity from China to lower cost neighbouring countries could intensify, but analysts talking to Twist/WTiN say the trend may have stalled in the past year.
While production capacity of China’s textile industry has indeed in recent years shifted to south and southeast Asia, some of these transfers have not run smoothly. Chinese-language media has run numerous reports of Chinese-owned spinning, weaving, knitting, finishing and garment production running into difficulties in countries including Myanmar, Cambodia, Vietnam and India. Continue reading: https://www.wtin.com/article/2021/february/010221/chinese-fabric-producers-rethink-offshoring-strategies/
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