China is expected to benefit from opening of world textile market IHT. The article includes comments from African nations complaining about the labour conditions in India and China.
Reuters: "'If you look at a study done by the WTO in September, it shows that India and China will grab about 80 percent of the world market and the remaining 20 percent will have to be shared by the rest of world,' said Narainduth Boodhoo, duty director of Mauritius's Trade Policy Unit."
More detail on the changes from the LA Times here? with lots of information about current exports and imports. Also the Economist reports here.
Reuters: "'If you look at a study done by the WTO in September, it shows that India and China will grab about 80 percent of the world market and the remaining 20 percent will have to be shared by the rest of world,' said Narainduth Boodhoo, duty director of Mauritius's Trade Policy Unit."
More detail on the changes from the LA Times here? with lots of information about current exports and imports. Also the Economist reports here.
I would have thought that Africa would have a comparative advantage here, but these stories highlight the disadvantages that many of the least developed countries face.
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