US, China textile talks fail again
14 October 2005
In their sixth round of talks, China and the US have again failed to reach agreement on textile quotas and China will therefore face a period of tight restrictions on textile exports to the US, the Financial Times reported. China had hoped to increase export levels on 21 clothing categories to 20% in 2007 and 30% in 2008, officials said, but the US's final offer was only 12.5% and 14.5% respectively.
