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US re-imposes quotas on China textile
www.chinaview.cn 2005-05-14 16:24:12

    BEIJING, May 14 -- The US has decided to re-impose quotas on three types of clothing imports from China.

    The action means that the amount of cotton trousers, cotton knit shirts and underwear that China can export to the United States will be limited to increase by just 7.5 percent this year, compared to shipments over a 12-month base period.

    The decision was made by the Committee for the Implementation of Textile Agreements Friday.

    American retailers say that will drive up prices for U.S. consumers.

    Commerce Secretary Carlos Gutierrez states that a government investigation had found that a surge in shipments from China since the elimination of global quotas on January 1 this year was disrupting the domestic market.

    (Source: CRIENGLISH.com)

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