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Textiles

By STAFF EDITOR

By TONY JIN
China’s textile industry reported remarkable profits last year given its struggles with the soaring yuan, higher production costs and slashed export tax rebates. Analysts put the sector's success down to stronger domestic demand largely offsetting lost revenues from export markets. Wang Shunchao and Winny Wang report in the Shanghai Daily that the trend is expected to continue throughout this year

By STAFF EDITOR

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