EU starts to act
The Chinese government is interested in the positive solution of the problems of textile industry. It is eager to support the position of the textile sector of the country as it provides employment to 19 million people. This sector is vital for the country#39;s economy is export-oriented.
Restrictive measures imposed by the U.S., China brought $ 2 billion loss and a negative impact on the lives of 400,000 Chinese workers. According to the leaders of Chinese textile sector, in the event of the imposition of quotas by the European Union, China#39;s loss would have amounted to 1.4 billion yuan, which would lead to the dismissal of 100,000 workers, according to the sources.
