The China National Textile and Apparel Council recently hosted the first Global Textile Economic Forum in Beijing. Dr. Mark Lange, president and chief executive officer of the National Cotton Council, explains the event focused on world textile and apparel manufacturing in 2005 and after, when quotas have been eliminated throughout the majority of the world.
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The United States is not the only country concerned with China’s influence on global textile and apparel manufacturing following the demise of quotas. Lange reports India is among a number of countries that are concerned if Chinese exports surge in the United States, other countries will be hampered when trying to build future markets in this country.
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It was clear to Global Textile Economic Forum attendees that China is prepared for textile and apparel expansions once quotas are eliminated next year.
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According to Lange, there are several ways China can manage growth, including placing export quotas on Chinese textile and apparel products. This safeguard inhibits any one manufacturer from grabbing a disproportioned share of exports from China to the United States or the European Union. Although Chinese authorities think these types of controls will be unnecessary, the United States and Europe can also place safeguards on surges of Chinese products.
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During his comments to Forum participants, Lange stressed the importance of promoting cotton and its products to Chinese consumers - a group that is growing and does not prefer natural fibers like cotton over polyester and other man-made fibers.
