The impact of China's WTO accession on Hong Kong textiles, clothing and its supporting industries

Simon X.B. Zhao*, Kenneth K K WONG

*Corresponding author for this work

Research output: Contribution to journalJournal articlepeer-review

Abstract

China's accession to the WTO and the 'Agreement on Textiles and Clothing' (ATC) which gradually ban the use of quota, will have profound impacts on the textile industry in China. This article attempts to examine such impacts on all textile firms of Hong Kong origin. It briefly examines the impact of WTO on the textile industries in general, the participation of Hong Kong based firms in China's textiles industry, and the competitors from foreign countries. It examines in detail the practice of obtaining Hong Kong quota for textile products that are made in the Mainland by Hong Kong firms. The article argues that there are positive and negative effects of China's WTO accession for all textile firms of Hong Kong origin. It concludes that the shifting of the targeted market to high-end, high-value-added is the only way of survival for the textile firms of Hong Kong.

Original languageEnglish
Pages (from-to)61-84
Number of pages24
JournalAsia Pacific Business Review
Volume9
Issue number3
DOIs
Publication statusPublished - Mar 2003

Scopus Subject Areas

  • Business and International Management

Fingerprint

Dive into the research topics of 'The impact of China's WTO accession on Hong Kong textiles, clothing and its supporting industries'. Together they form a unique fingerprint.

Cite this