The global economy is in very not clear condition, plus the eurozone debt crisis on the offensive against the sovereignty of the enterprise and the consumer confidence, 2012 years of textiles and clothing market downturn in fear. In 2010 start of the eu economy saw recovery, estimated this year will end. General prediction, this year the eu economy will slip further, its GDP will decline 0.5% essence. The latest reports, in 2013 the eu GDP will only increase of 0.8%.

European textile manufacturers view reflects the reported. Originally reported 2011 European market will have significant recovery, but the first four seasons last year but reverse into apparent recession. The view is that the second half of 2012--and even delay longer, textile trade for the European economic storm of continuous and affected. In fact, in the first quarter of 2012, the European Union will diminish the clothing imports by 12%. The prospect of the United States is not so pessimistic, 2012 beauty of growth of GDP and estimate from 2011 1.7%, rising to 2.2%, 2013 will be slightly to 2.1%. Although so, American clothing imports also is affected, in the first quarter of this year's imports by 3.9%.

The United States and the eu market weakness have also affected the export of several Asian countries, these countries overall export strong growth in 2011, but in 2012 the first season of the export but slowed down. In Indonesia, for example, which in 2011 a textiles and clothing exports rose 18.2%, but in the first quarter rose by only 5.2%. Thailand in 2011 make up 7.5%, but in the first quarter of 15.3% sharp slowdown. The Philippines in 2011 garment exports increase 11.4%, but in the first quarter of 2012 grew only 1.1%. Several other countries export of slow.

India 2011/2012 fiscal year (March 31, 2012 by) garment exports greatly attenuation 11.9%, but the former accounting year growth is 4.7%. Textile exports, 2010/2011 accounting year play rose 34.7%, 2011/2012 fiscal year is only 0.4% growth. Above situation fully reflect the country's export weakness, 2012 India's GDP growth under the previous fix; In September 2011 forecast 2012 India the rate of growth of GDP is 7.5%, and the April forecast this year dropped to 6.9%, the first quarter of this year to India's GDP growth only 5.3%, show the country for nine years the lowest rate of growth of GDP.

China's economic performance is similar- -the country over the years is the engine of the world economic growth, China's GDP growth rate from 9.0% to 8.2% next fix. Results 2012 global GDP growth rate and estimate of 4.1% growth from 2010 and 2011 growth 2.5% decline to 2012 rose by only 2.1%. Although so, emerging markets, especially in the so-called four gold ingot (including Brazil, Russia, India and China), in the future will still is the key to support global trade growth. For India, for example, the forecast in 2010 to 2020 years of ten years, the country's domestic consumption of textiles and clothing market scale will increase by 169%, from $52 billion the amount increased to 140 billion dollars.

Source "the Chinese textile nets"

Editorial: Ashcol