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| Thursday, November 20, 2008 23:54:18 |
Textiles contracts decline at Canton Fair
Textile and garment contracts signed at the first round of the 103rd Canton Fair dropped 11.4% on the previous fair to US$4.99 billion, the Oriental Morning Post reported. Contracts with the US declined 25.5% and contracts with the EU shrank 16.4%. Fan Min, the president of Shizhiwei Group, said China’s textile exports could grow just 10% this year amid the ...
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