Global Financial Crisis Affects China's Apparel And Textile Industry

GUANGZHOU, CHINA - FEBRUARY 18: (CHINA OUT) Dawn breaks over Lujiang Village, the location of many garment factories on February 18, 2009 in Guangzhou of Guangdong Province, China. China's clothing and textile industry is experiencing a worsening economic climate as the global financial crisis cuts demand and erodes profits. The clothing and textile industry employs 20 million mainly rural workers, a seventh of the country's industrial labour force. Around two-thirds of small to medium textile producers are currently in financial difficulties. (Photo by China Photos/Getty Images)

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