Affected By The Global Epidemic, Taiwan'S Textile Industry Lost 40%

Huang Yanxiang, the general manager of Taiwan's Jinghua industry, said in an interview on the 8th that the Sino US trade war had little impact on Taiwan's textile industry. Originally, it was expected that Southeast Asian orders would increase, but the actual market pie did not expand. On the contrary, the impact of the epidemic was obvious. The delay or cancellation of orders in Europe and the United States indirectly affected Taiwan's textile industry, and guangjinghua's own performance dropped by 40%, Most of Taiwan's other textile industries are not ideal. It is estimated that it will be until the end of next year if we really want to return to normal.

It is reported that up to 95% of Taiwan's Jinghua industries are exported. However, affected by the epidemic, the performance of high-end consumer products has declined sharply, falling by 40%. This also generally reflects that in Taiwan's textile industry, customer orders are suspended or cancelled, and there are no "foreign" orders, and business is poor. He said that the epidemic affected business travel. "Foreign" customers can't come to Taiwan, and Taiwan can't go to "overseas" marketing. Textile products are still tactile. It's still limited to rely on video to open sales. Therefore, the production of protective clothing is put into line with the epidemic situation.

China and the United States are not directly affected by the decline of China US trade, but also by the growing demand for textile products.