PolyU Library
Journal Call no.TS1399.T44
Article TitleRuined by dear cotton.
Is Part OfTextile Asia : the Asian textile & apparel monthly ; v.27, no.4, Apr 1996, p.98.
AbstractIn 1995 the official price of cotton was raised, nearly ruining the entire textile industry of Yanchen county in Jiangsu province, which is both a major cotton producing region and an important textile industrial centre. As the price of cotton rose the profits of the textile enterprises fell, resulting in a combined loss of over 28 million Yuan by the end of 1995. The 1996 estimate is even more alarming.