Word: mcghie
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Dates: during 2000-2009
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...market expected to soar, Bangladesh alone could lose a million textile jobs, warns John McGhie of Britain-based Christian Aid. But there's also concern for producers closer to home. The E.U. took in around 20% of global textile and clothing imports in 2002. With China already the bloc's biggest supplier, the end of quotas "will have serious consequences for the European industry," says Bill Lakin, director-general of European trade body Euratex. Brussels could yet trigger safeguards should Chinese imports explode. You can be sure it won't need 10 years to do so. The Schroders' Pet Project...