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/
Verwandte Artikel
Taiwan Enters Age of Private 5G Networks
The 5G sector is anticipating a revolutionary “iPhone moment” as new technology helps companies in a range of fields pay less, earn more, and become more autonomous. For Taiwan Business…
Continue »
Coping With Carbon Controls
Taiwan’s metals, plastics, and chemicals manufacturers will need to adapt to new international policy measures to secure price competitiveness in key export markets. for AmCham’s Taiwan Business Topics When the…
Continue »
Taiwan’s Logistics Sector Enters Choppy Waters
A dramatic shift in supply and demand has put many logistics companies in hazardous positions. But up-and-coming market segments and technology could present new opportunities for the industry. For AmCham…
Continue »