News Snapshot:
BEIJING - China and Pakistan are both major producers and exporters of textiles and surely there is a degree of competition between both countries. However, the different stages of industrial development between the two countries also create broad space for closer cooperation, noted Zhang Xian, Vice President of China Chamber of Commerce for Import and Export of Textiles (CCCT). Pakistan is one of the world’s leading cotton producers, ranking among the top five in terms of yield, with cotton textile products accounting for 40 percent of its exports. Talking about competition, “Pakistan’s cotton industry has obvious edges. Compared with China,...
