The End of Multi-Fiber Arrangement: Opportunities for China's Textile Industry

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)

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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
Firdaus Maldar, fl. 2005
Copyright Message
Copyright © 2005 by IBS Center for Management Research
Content Type
Case study
0 sec
Original Publication Date
Page Count
Publication Year
IBS Center for Management Research
Place Published / Released
Hyderabad, Andhra Pradesh
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

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