Home >

Sino US Game "Ignites" Textile And Clothing Industry May Be Affected Again!

2020/7/25 19:15:00 0

Textile And Clothing IndustrySino US ContradictionSino US Trade Friction

On Tuesday, the U.S. government suddenly asked the Chinese government to close its Consulate General in Houston and evacuate all personnel within 72 hours. More than four hours later, a fire broke out at the Chinese Consulate General in Houston. Witnesses said they saw a small amount of smoke rising from the embassy courtyard and smelled burnt paper. Based on the principle of foreign affairs sovereignty, the Chinese Consulate General in Houston does not allow relevant personnel of Houston fire and police departments to enter.

Later, U.S. State Department spokesman Morgan otagas gave "reasons" in an e-mail statement, saying that the closure of the Chinese Consulate General in Houston was to "protect the intellectual property rights of the United States and the private information of the Americans.".


In response, the Chinese Ministry of foreign affairs informed the US embassy in China yesterday morning that China had decided to revoke the permission for the establishment and operation of the US Consulate General in Chengdu, and put forward specific requirements for the Consulate General to stop all business and activities. The Chinese spokesman said that the United States unilaterally provoked the incident and suddenly asked China to close its Consulate General in Houston, which seriously violated international law, basic norms of international relations and relevant provisions of Sino US Consular treaties, and seriously damaged Sino US relations. China's above-mentioned measures are a legitimate and necessary response to the unreasonable acts of the US side, in line with international law and basic norms of international relations, and in line with diplomatic practices. The current situation between China and the United States is something that China does not want to see, and the responsibility lies entirely with the United States. We once again urge the US side to immediately withdraw the relevant wrong decision and create the necessary conditions for the return of bilateral relations to normal.

This year, it has taken various measures to suppress the military and regional exchanges between China and the United States. In particular, the recent series of "honey" operations make people think that Sino US trade is likely to deteriorate again.

On July 16, it was reported that the United States was considering a total ban on relevant personnel from going to the United States. According to relevant people familiar with the matter, the trump administration is considering a total ban on CPC members and their families from going to the United States. In response, Chinese Foreign Ministry spokesman Hua Chunying said on the 16th that if the report is true, it can only make people feel "sad" of the United States.

On July 20, the Bureau of industry and security (BIS) of the U.S. Department of Commerce announced that 11 Chinese companies would be added to the "entity list", including Changji Yida textile, Hotan TEDA garment and Nanjing Xinyi cotton textile printing and dyeing enterprises. This will cause these companies to face new restrictions on access to U.S. origin goods.



It is reported that the "entity list" is an export control regulation established by the United States to safeguard its national security interests. U.S. exporters may not assist these listed businesses in obtaining any items subject to this regulation without obtaining a license. Entity list is a tool used by BIS to restrict the export, re export and (at home) transfer the goods controlled by the export administration regulations (ear) to individuals (individuals, organizations, companies) that reasonably believe to involve or constitute significant risks, and engage in activities that violate the national security or foreign policy interests of the United States. Additional license requirements apply to exports, re exports, and (domestic) transfers of ear bound projects to listed entities, and the availability of most license exceptions is limited. In short, "entity list" is a "blacklist". Once it enters the list, it actually deprives the relevant enterprises of trading opportunities in the United States.

Some professionals have analyzed that even if the customer is listed in the "entity list" of the United States, as long as the subject matter of the transaction is not in the restricted area, it can continue to cooperate with such customers, and will not be affected by the entity list and export control.

At the same time, the office of the U.S. Trade Representative (USTR) also recently released a new batch of tariff exemption lists. The seventh batch of US $300 million of products, such as baby clothes, baby clothes, baby clothes, baby clothes, baby clothes, baby clothes, baby clothes, baby clothes, etc., were released.

In addition, this week, the US side demanded to close the Chinese Consulate General in Houston, which led to the tension in Sino US relations once again, which was even called the "cold war" between China and the United States by some media. This is an unprecedented escalation action taken by the United States to China, further pushing Sino US trade relations to a negative side.

At present, with the rapid development of China's economy and the growing of the middle class, the ability to accept and digest medium and high-grade textiles and clothing has been greatly enhanced, and the dependence on the U.S. market and the impact of policy changes have been comprehensively alleviated. However, textile and garment enterprises need to be vigilant and arrange emergency measures as soon as possible, so as to avoid being affected by Sino US trade friction again.


  • Related reading

Industrial Economy Returns To Normal Track

Market topics
|
2020/7/24 19:21:00
2

Why The 65 Year Old Textile Enterprises Have Been Prosperous For A Long Time?

Market topics
|
2020/7/22 22:12:00
0

The Fourth Generation Leader Of Mantero Launched Recycled Silk Fabric Resilk

Market topics
|
2020/7/21 19:31:00
0

Zero Inventory, Profit More Than 10%! This Kind Of Cloth Factory Against The Market, What Is The "Trick"?

Market topics
|
2020/7/21 13:52:00
4

Textile Enterprises In The Upper And Middle Reaches Of The Holiday Has Been More Than 40%, How Long Will It Be Difficult For Them?

Market topics
|
2020/7/20 13:47:00
0
Read the next article

Polyester Filament Price Fell 10% In 2 Months, Cloth Boss Encountered The Problem Of Raw Material Copy!

Polyester filament price cut again! It's time to decide whether to store raw materials again! It's an old question, but is it necessary to stock up