Financial Times FT.com

US textile sector not impressed by China export levy

By Richard McGregor in Shanghai, Edward Alden in Washington and,Raphael Minder in Brussels

Published: December 14 2004 02:00 | Last updated: December 14 2004 02:00

US manufacturers responded sceptically yesterday to China's surprise undertaking to impose duties on some textile exports, a step Beijing said was designed to ensure a "smooth transition" once global quotas on garment sales are lifted at the end of the year.

China's announcement follows direct appeals from the US and European Union to Chinese leaders over the past month for Beijing to moderate its exports once the 40-year-old quotas are removed.

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