The report of US Manufacture Trade Action League report shows that until April of 2006, China has shared half of US fashion market. What's more, the share is increasing per month.
In the meanwhile, the report declaims that China's fashion exported to US in recent four year increase about 8billion USD while developing countries suffer the loss of 3billion USD. Due to the great loss, the resolving blue print is necessary to list in WTO dialogue in next week because the tariff cutting and removing of China textile safeguard in 2009 will bring thousands of unemployment if there is shortage of a dependent blueprint.
Recently, 14 main textile & fashion export countries insist that textile should be treated in Doha Round negotiation of WTO. In the meantime, 44 US councilors address to US ambassador Schwab for declaim to US government that they object to any settling blueprint of WTO without an efficient textile affair team. The president of NCTO Cass Johnson said:" The key is whether WTO will establish an independent department or Whether decide to hand world textile & fashion market to China."
The report also shows that China's share in Japan and Australia market has exceeded 75% while the one in EU reach 75%.
