China Cotton Import Market Size, Study, By Product, Application And Forecasts 2022-2030
December 4, 2021 ⚊ 1 Min read ⚊ Views 141 ⚊ BUSINESSAccording to Bharat Book Bureau’s analysis, in recent years, the growth rate of China’s Cotton Market spinning industry is slowing down and labor costs, land rent and the prices of other production factors are rising in China, which increases the costs of cotton planting and decreases the profits and area of cotton planting. Meanwhile, cotton production capacity is being transferred to Xinjiang with lower cost from other parts of China.
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