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Dispute with China could end up being positive for textiles in the Philippines

10/12/2014
The Textile Producers Association of the Philippines (TEXPAP) has said 2014 is ending unexpectedly well for its member companies.

Political tension between the Philippines and China over a territorial dispute led to a number of large Chinese textile manufacturers leaving the Philippines earlier this year. This has given local producers of textiles and finished garments a bigger share of a growing domestic market.

TEXPAP said sales of locally produced textiles enjoyed a 30% increase in the fourth quarter of 2014 compared to the same quarter last year.


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