US ban on Xinjiang cotton may push China to open up to more imports to meet demandUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostChina looks likely to allow more cotton imports than usual this year after a US ban on fibre from Xinjiang spurred some Western retailers to avoid material produced from the controversial region.Beijing may issue another batch of import quotas soon to meet rising global demand for textiles after awarding 700,000 tonnes last month, said Xu Yaguang, an analyst at Huatai Futures, after China issued just 400,000 tonnes of quotas in 2020.Washington banned entry of all products using cotton from…Read More

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