Chinese textile firms moving to reform amid falling orders

04-05 ||  Readers: 4
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Chinese textile firms are facing their most difficult year in 2008, with the appreciating yuan, rising raw material costs and shrinking European and U.S. markets hit by the sub-prime credit crisis.
China exported 16.44 billion U.S. dollars of textile and apparel products in the first two months of 2008, a growth of 5.7 percent over the same...
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