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Suresh Kotak, Cotton Industry Leader from Mumbai, India shared the same view a few years back with this scribe, which highlights the pressure on this sector for value-addition.Although, the ongoing trade war between the United States and China has certainly put a dent in the market, China may not al
The US decision to label China a so-called currency manipulator is likely to push the yuan's ongoing internationalization.Although China has overtaken the US to become the world's largest trading nation, the share of the yuan in global central bank reserves was only 1.84 percent in the second quarte
Vietnam is likely to be the biggest winner from the shift in supply chains caused by the trade war between China and the US. The reorganization of the Asian industrial chain provides Hong Kong with an opportunity to renew its role as a middleman to the Chinese mainland's economy.Hong Kong's export-o
Secondly, due to trade war, PSF and cotton both plunged in short time and market sentiment was hit seriously. The cotton price even experienced 400yuan/mt of decrease in one day and did not show sign of a stop. The sharp fall of raw materials weakens downstream demand, and most customers turn cautio
