China to buy Xinjiang cotton, but state stockpiling won't save mills from massive losses amid US ban

To help stabilise China’s reeling cotton industry, the state will begin stockpiling Xinjiang cotton from mills on Wednesday – its first such purchases in 15 months – but mills still expect to lose a fortune.

Related Keywords

China ,Xinjiang Uygur , ,Xinjiang Cotton ,China Cotton ,Otton Reserves ,Cotton Industry ,Uncrc ,China National Cotton Reserves Corporation ,Ygur People ,