Related Keywords: cheaply manufactured clothes, demand for yarn, demand from US and Europe, East Asian cotton industry, experience an increase of eighteen percent, focuses on produces finished textile goods, increase in first few months next financial year, Recent growth in Chinese garment industry, see uptick. Vietnam cotton imports, Vietnam cotton industry
With the recent growth in the Chinese garment industry there is a demand for yarn due to which Vietnam’s cotton industry likely to see uptick. Vietnam’s cotton imports to increase in the first few months of 2016-17. It is estimated that imports will experience an increase of 18 percent.
The Chinese garment industry has thrived on the demand from the US and Europe for cheaply manufactured clothes. In China this industry focuses on produces finished textile goods, which explains the demand for the yarn from Vietnam.
