综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Economy

Markets

Industries

Insights

Reports

Events

Trade: Cotton imports slide on slackening textile exports

(Xinhua)
Updated: 2008-07-24 18:43

As a major textile producer, China is the world's largest cotton importer, but its appetite for the fiber has been affected by weaker growth in textile exports, official statistics show.

China imported 211,000 tons of cotton in June, down 16.4 percent year-on-year and down 12.1 percent month-on-month, the General Administration of Customs reported on Thursday.

First-half imports fell 52 percent to 1.18 million tons.

Industry analysts attributed the declines to export weakness.

First-half textile and clothing exports rose 11.1 percent to $81.7 billion, but the growth rate was 6.4 percentage points less than the same period of last year.

The textile industry has also been affected by the stronger Chinese currency, tight monetary policy that has made financing more expensive, higher labor costs and rising raw material prices.