Saurer: Fiber Year 2005/2006 — A challenging year

摘要

The year 2005 certainly was a challenging year for the textile and apparel industry. Most people in the industry have experienced a turbulent roller-coaster ride in the first year of quota abolition. Chinese companies have spent billions of dollars to upgrade and expand their industry to take full advantage of increased trade volumes. This has resulted in surging imports into the EU and the United States, allowing PR China breathtaking gains in exports.