These enterprises are facing a very difficult situation.

Both the US and China have compromised in reaching this textile pact.

China made concessions on the duration of the limits while the United States made concessions on the growth rate.

Since 27 categories of textiles are under restriction investigation compared to nine for which quotas have been set, the loss will be bigger.

No agreement in the talks shows the US side does not change its previous stance, and the textile trade prospect between the two countries becomes more uncertain.

The backlog shows the quotas are unrealistic and don’t reflect the fundamental demand for Chinese garments. If the quotas can’t be fully lifted, the next best solution is to raise them.

The anti-dumping duty of 56.2 per cent will put an end to exports from that Chinese enterprise to Europe.

We hope the situation will become clear in the near future.