In the News
China’s textile exports decline in 2015
14th January 2016
Once synonymous with the Chinese export machine, China's textile and garment export industry experienced a severe decline in sales in 2015 according to data from their Ministry of Industry and Information Technology.
In 2014, by country China was the top ranked global textile exporter with a share of approximately 35.6 percent and exports worth more than US$112n. But the centre of gravity in the world manufacturing of textiles is clearly shifting to the east!
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Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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