China announced on Monday that, from August 1, it will scrap
export tariffs on 17 Chinese-made textile goods that come under the
European Union's (EU) new trade restrictions that took effect on
July 20.
The Customs Tariff Commission under the State Council said that
China will, however, still collect export tariffs on 51 other
textile goods in a bid to control an excessive expansion of textile
exports.
Both the EU and the United States have moved to limit imports of
Chinese textile goods despite a global textile liberalization
arrangement entered into on January 1, 2005. The agreement
abolishes several quantitative measures including the imposition of
quota systems by rich countries.
(Xinhua News Agency July 26, 2005)