Exports to Europe, the U.S. and Japan — China’s largest export markets in that order – have increased moderately, except for Japan which saw a decrease of 0.63%. Chinese apparel enterprises are also relatively profitable, seeing a year-on year profit growth of 17.06%.
China’s apparel sector is not without challenges, however. China faces sluggish internal demand and a decrease in export orders along with rising labor costs and labor shortages in coastal provinces, along with appreciation of RMB