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AccessMyLibrary    Browse    A    AsiaPulse News    MAR-06    CHINESE COTTON GROWERS LOSE US$2.2 BLN IN REVENUE FROM IMPORTS.

CHINESE COTTON GROWERS LOSE US$2.2 BLN IN REVENUE FROM IMPORTS.

Publication: AsiaPulse News

Publication Date: 29-MAR-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

BEIJING, March 29 Asia Pulse - Chinese cotton growers have lost out on 18 billion yuan (US$2.2 billion) in revenues over the past four years due to the country importing 4 million tons of cotton.

This, Tuesday's Economic Information Daily reports, means that each of China's nearly 100 million cotton growers earned 200 yuan less a year, the report said.

Experts warn China's growing dependence on imported cotton will bring havocs to the growth of the country's...

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