China Could Rule Textile Market After 2005

[CVX]

China is poised to dominate the more than $400 billion global market in clothing, and India will also significantly increase its clothing exports starting in 2005, when import restrictions are eliminated in the United States and other rich nations, according to a World Trade Organization study released yesterday.

More here:

http://www.washingtonpost.com/wp-dyn/ar ... Aug11.html

[illuminati]

As expected, the article poo-poo's the concerns of the current textile leaders.

Just you wait. They'll wake up on a year and find their customers gone, gone, gone.