Slower economic growth in China is continuing to have an impact on textile machinery manufacturers with Cleantech Solutions, manufacturer of metal components and assemblies used in textile dyeing and finishing machines, the latest to announce that its quarter two revenues have fallen by more than 13% on a year ago. Mr Jianhua Wu, chairman and CEO of Cleantech Solutions, said: "In the second quarter of 2015, economic conditions in China impacted capital spending, particularly in our forged rolled rings and related products business, which saw a significant drop in revenue during the quarter.
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