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China, as the world's largest textile exporters, with the cost, price, industries and other supporting facilities advantage. In the face of pressure to appreciate the yuan, RMB appreciation on China's textile exports resulted in many negative effects, including the decrease in profit, competitiveness weakened, losing market share. Under such circumstances, China's textile industry to maintain a lasting competitive edge and strong textile exports, This paper presents an appropriate response, such as raising the added value of their products, overseas investment to build factories and so on RMB appreciation has been to reduce the harm; Meanwhile, the passage of these measures, Let China's textile industry besides the traditional export advantage of the new situation and conditions, have more competition in the era of the other advantages. |
