TEXTILES IN A BIND
2008-03-20LANXINZHEN
Beijing Review 2008年19期
LAN XINZHEN
The profit margin of textile exporting companieshas shrunk greatly, challenging the verysurvival of those companies.
Pessimism has spread acrossthe nation's textile and ap-parel exporting enterprises."At present, we don't competeover who make the biggest money, but onwho can sustain their business the longest,"said Xi Guoying, a textile manufacturer inBeijing. But even this slight dream of surviv-al could be an extravagant hope. Xi said thatif he does not get more orders, his companywould have to give up exporting.