The quota system that has dominated the global textile trade since the early 1960s will be completely phased out from January 1, 2005

Research and Markets have announced the addition of the 'Textile Industry: China's Prospects and Future Global Scenario report to their offering.

(PRWEB) February 8, 2004 --The quota system that has dominated the global textile trade since the early 1960s will be completely phased out from January 1, 2005. This will have a far-reaching impact on world trade in textiles and clothing, as the equation of trade would change drastically.

This report presents the future scenario in the global textile market as China is expected to have an edge in this market. With a focus on the global textile market, this report analyses the Chinese governments initiatives, the performance of the Chinese textile sector and the global dynamics of the market in the post quota abolition regime. This report also presents a critical analysis of the reasons for Chinas domination in this market, the United States vulnerability and the impact of quota abolition on the textile and apparel markets of the United States and other countries.

For a complete index of this report click on http://www.researchandmarkets.com/reports/44485

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