NCTO welcomes U.S.-China memorandum of understanding to terminate Chinese export subsidies
The National Council of Textile Organizations (NCTO) applauded the announcement of a memorandum of understanding between the U.S. and China in regards to an agreement by China to terminate export subsidies under its “Demonstration Bases-Common Services Platform.” “There is no doubt that China’s rise to become the world’s largest exporter of textile and apparel products [...]