The End of Multi-Fiber Arrangement: Opportunities for China's Textile Industry
written by Firdaus Maldar, fl. 2005 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 9 page(s)
Details
- Abstract / Summary
- The global textile and apparel industry had been governed by quotas under the Multi-Fiber Arrangement (MFA) since 1974. The developed countries laid certain restrictions on the number of items that could be exported by low cost producers, such as China and India, so as to protect their local textile industry. After the expiry of MFA on January 1 st 2005, China was expected to be one of the biggest winners due to its competitive textile industry. Chinese textile exports had experienced tremendous growth since its entry into the World Trade Organisation in 2002. But many competitors and importing countries, including the US textile industry, voiced concerns that China was set to dominate and destroy the textile industry through unfair trade practices including currency manipulation and subsidising its textile industry.
- Field of Interest
- Business & Economics
- Author
- Firdaus Maldar, fl. 2005
- Copyright Message
- Copyright © 2005 by IBS Center for Management Research
- Content Type
- Case study
- Duration
- 0 sec
- Format
- Text
- Original Publication Date
- 2005
- Page Count
- 9
- Publication Year
- 2005
- Publisher
- IBS Center for Management Research
- Place Published / Released
- Hyderabad, Andhra Pradesh
- Subject
- Business & Economics, Social Sciences, International Business, Textile fibers, Garment industry, Textile industry, International trade, Apparel Manufacturing, Textile Mills, Negócios Internacionais, Negocios Internacionales, World Trade Organization, China, Instruments of Trade Policy (e.g., Tariffs, Quotas, Subsidies, etc.), Chinese
- Keywords and Translated Subjects
- Negócios Internacionais, Negocios Internacionales
