Douglas Bulloch, economist and Forbes contributorFrom Douglas Bulloch, economist and Forbes contributorGlobal Trade ManagementWill 'Made in Italy' Replace 'Made in China'?China's textile industry is a world beater, accounting for over 60 percent of world chemical and synthetic fiber production. Cotton production is lower, but still large, at over 20 percent of the global total, ranking only behind India in 2016. The trend, however, is downwards as China is caught between rising domestic costs, persistent technical and distribution advantages elsewhere.February 23, 2017Page 1 of 1
