CNTEX Exclusive: Last month, Baotou (in Inner Mongolia province) textile makers saw their textile exports rally and rise sharply from the previous month. The statistics show that textile companies in Baotou exported a total of $10.89 million textile products in April, up 86.72% from March.
With the increase, Baotou became one of cities across China to see a growth in textile exports in April. Industry insiders revealed that textile exports in Baotou had partly rebounded since April as exporters received more export contracts in former months. The Chinese central government $600 billion stimulus package does have a textile focus. There are signals of Chinese exports of textiles moving back to world market but they are very early signals and growth will depend on the big picture of global economy.
