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News Digest: “Bra Wars”

Textiles trade negotiations (or “bra wars  as the English press likes to call them) continue to take centre stage in both the US and EU. In the meantime traders, retailers and Chinese producers face the challenge of how to handle contracts that were agreed before the quotas were brought in.

A long-term solution seems a long way off, but China’s competitive advantages in textile manufacturing are unlikely to disappear…

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