Southeast Asia has become a powerhouse of textile production in the past few years, now competing with larger players such as India and China for market share. Vietnam and Thailand have been attracting spinning mills with their competitive edge, and gaining market share, especially from the U.S. This is mostly due to sharply increasing costs and prices in China. Southeast Asian countries were able to cut their prices in early 2008 to remain competitive to the U.S. apparel market.
展开▼
