Trade war buoys apparel industry in Bangladesh and Vietnam

[Foxtrot Delta]

Chinese had already started moving industeries like those to countries like pakistsn, bangladesh , Myanmar also central africa. They foresaw it.

 

[GeraltofRivia]

Ya .. what a butt hurt guy... we just posted 20% growth in RMG this year. Lots of extra capacity already available to spare. Last year we allowed FDI in garments industry and big guys are already started investing. There are no room for small companies from China to invest in BD due to strict compliance regulation.
China still export 120 billion dollar worth of RMG. So hell ya, a lot of room still there to grow. 60 billion dollar is just a minimum expectation.

For your information, China exports $158 billions of apparel products in 2017.

Based on the current level of 29 billions, Bangladesh needs to grow by 7% for 10 years undisruptively in order to reach $60 billions.

 

[Nilgiri]

For your information, China exports $158 billions of apparel products in 2017.

Based on the current level of 29 billions, Bangladesh needs to grow by 7% for 10 years undisruptively in order to reach $60 billions.
View attachment 527297

Out of interest do you have a graph/table for the yearly history of Chinese apparel/RMG exports from say as far back as such data exists to present day? It would be interesting to see how its ramp and plateau etc were like.

 

[GeraltofRivia]

Out of interest do you have a graph/table for the yearly history of Chinese apparel/RMG exports from say as far back as such data exists to present day? It would be interesting to see how its ramp and plateau etc were like.

Here you go, data from WTO database.

 

[Nilgiri]

Here you go, data from WTO database.
View attachment 527300

Thank you kindly!

 

[Viet]

@TopCat is right about what he said about making peace with India. I propose also that Pakistan downsizes its military subsequently to provide funds for investment in the industries and agriculture.


bangladesh so far has attracted a mere $2 billion a year in average.

As said it’s important to stay focused.Vietnam fdi was as low as BD today. First, set a goal then second, make a plan how to get there. One year ago nobody can imagine VN can make cars or smartphones for the domestic and foreign markets. Now we have both. People now laugh when I say VN wants to make HSR.

 

[TopCat]

As said it’s important to stay focused.Vietnam fdi was as low as BD today. First, set a goal then second, make a plan how to get there. One year ago nobody can imagine VN can make cars or smartphones for the domestic and foreign markets. Now we have both. People now laugh when I say VN wants to make HSR.

FDI is addictive and a easy fix. We want FDI up to a healthy level. Our econony does not approve more than 5-8 billion of FDI. We are growing more than 8% now without it.

 

[Nilgiri]

^^^You see @Mage @bluesky , its really that simple! Don't get addicted to quick fix FDI....it will only bring ruin to glorious inflation-growth shonar! Best skirt it completely...there is excess BD brain STRONK that can RMG its way to glory!

Biman Genghiz babu knows best! Just like he knew best on Aladdin skyscraper!....

much success! its naaice! - Borat