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China imports cotton from india, not pakistan

China imports cotton from india, not pakistan Source: www.yarnsandfibers.com
Date: 09-02-2013
Visits: 281
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China has opted for importing cotton from India instead of Pakistan, as energy crisis in Pakistan has given rise to suspicions that the country's yarn exports may witness a decline.
 
It is pertinent to mention here that Pakistani industrialists had failed to meet production deadlines against export orders from China and the delivery had to suffer delays.
 
According to the head of Cotton Giners' Association, Ahsanul Haq 44 percent of the total amount of yarn imported by China last year had been ordered from Pakistan.
 
But, now Chinese traders have started to place these orders with India instead of Pakistan, pushing Indian yarn exports to an unprecedented level, he added.
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