SHANGHAI, July 7 (Reuters) - Chinas quotas for most categories of restricted textile exports to the United States are nearly full and exporters should refrain from further shipments, a Chinese trade body said in a statement to its members.
Chinese exports of cotton pants, cotton knit shirts, and underwear will reach their upper limits within a few days, the China Chamber of Commerce for Import and Export of Textiles said in the statement on its Web site (www.ccct.org.cn) posted late on Wednesday.
Exports of synthetic pants, synthetic knit shirts and mens woven shirts are likely to reach their limits by July or early August, the association said.
Only one category - cotton yarn - is likely to stay open through year-end, it said.
Chinese textile exports surged early this year, triggering trade disputes with the United States and European Union, after a decade-long system of global quotas was abolished.
Washington unilaterally imposed quotas on certain categories of Chinese textiles in May. Under the terms of Chinas entry to the World Trade Organization, member countries can limit imports from China if they are disrupting domestic industries.
Growth in textile imports from China in those categories is limited to 7.5 percent above their level for the twelve months ending in February.
quota 配額
category 類別
restrict 限制
textile 紡織
refrain from 避免
shipment 運輸
knit 針織
underwear 內衣褲
Chamber of Commerce 商會
synthetic 人造合成
association 商會, 組織
yarn 人造纖維
trigger 引發
dispute 爭議
abolish 取消
unilateral 單方面
organization 組織
disrupt 干擾
domestic 本地 |