The trade with the EU was facing a grim situation

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According to customs statistics, January-May2012, China’s textile and apparel exports valued at USD 93.523 billion. Compared with the same period in 2011 increased 2. 63%. Among them, The exports to European Union( the EU) valued at USD 16.756 billion, accounted for 17.92 % of total exports to the global in textile and apparel, down 11. 17% y/y. e EU is one of the main markets for China’s textile and apparel exports. e negative growth highlights the grim situation of the European Union market . Market share declined in the EU The EU, the United States, and Japan had Compared with the other countries in the past five years, the average number of shares in the United States is 16.756 billion. According to the statistics of the Customs, January-May2012, China’s textile and apparel exports valued at USD 93.523 billion. Compared with the same period in 2011 increased 2.63% , accounted for 17.92% of total exports to the global in textile and apparel, down 11. 17% y / y. e EU is one of the main markets for China’s textile and apparel exports. e negative growth highlights the grim situation of the European Union market. Market share declined in the EU The EU, the United States, and Japan had
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