South African Clothing Sector Seeks Competitiveness To Resist Chinese Market
South African apparel
Manufacturer
John balde, executive director of the association, pointed out that the South African government should elaborate on this.
Trade and Industry
The policy should be able to create an equal competition environment for South African clothing manufacturers and compete with mainland Chinese competitors.
Balde made the comments at a seminar organized by the International Labour Organization.
The clothing industry is an important industry for South Africa, because the garment industry is not only an employment industry, but also a key task for the country to shake off poverty.
Therefore, there should be an equal competition environment between domestic manufacturers and their Chinese competitors.
In addition, customs fraud should be immediately controlled, in order to permit.
clothing
Departments compete at the global level.
Over the past few years, fierce debates on China's current policies have been carried out, especially in the US and Europe.
The people's Bank of China keeps the renminbi at a low level, aiming to boost export prosperity.
This practice is artificially keeping the currency in a low position, giving more competitive power to the goods and services of the country, and has a negative impact on other exporters and local manufacturers.
Therefore, in this regard, the global community should take measures to oppose China's change of monetary policy, balde stressed.
Balde said that the government should take substantive measures to oppose unreasonable policies, which proved to be a threat to the survival of the clothing industry in South Africa.
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