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Jennifer Marks

China setting up shop in the UK with Textiles City

February 21, 2008

Fascinating piece in the Wigan Observer about a project to build a Chinese textiles city in the United Kingdom. Reason: market proximity.

The project is expected to create more than 1,000 manufacturing and clerical jobs. It’s to serve as a hub for China’s apparel and textiles mills looking to expand trade in Europe. The deal is part of a push by the British government to boost bilateral trade with China by 50%. Developer Commercial Group Properties worked with the China Chamber of Commerce to bring off the deal. In the development, it will partner with Chinamex, a Chinese government-owned trading company.

Wigan, located in the northwest of England, was once a prosperous textiles center (or, as the Brits would have it, centre). Its last mill closed in 1980.

The UK Telegraph has more in the development here and here.

 

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