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Italy fabric magnate Zegna search for cooperator in Shanghai

Italy fabric magnate Zegna search for cooperator in Shanghai

Write: Jaimica [2011-05-20]
Italy biggest fabric enterprise--Zegna is searching for cooperator in Shanghai. Yesterday, the representative of Shanghai Representative Office of Italy Foreign Trade Associaiton Mr.Forte disclosed to <> that the increasing trade between China and Italy brought more and more investment from Italy fabric enterprises in China. Now, Italy biggest fabric enterprise--Zegna has declared to march into Shanghai and was searching for cooperators.
It is known that Zegna has set up representative office who is preparing for developing China market by analyzing China textile & fashion market.
Of course, Italy government also hopes China enterprise to invest in Italy besides investing in China. Now, many China enterprises not only import fabric but also buy machine to build joint-venture factory in Italy , said Mr.Forte, I think China enterprise s entering will not hurt Italy economy though it will certainly to strike Italy local small-sized factories and workshop because survival of the fittest. is a necessary rule .