The financial crisis on China's real economy is undoubtedly the most direct impact of export processing enterprises, the clothing industry has been particularly severe. Overseas clothing enterprises 60% of the production of goods for China's OEM manufacturing, with the global market and shrinking order to reduce China's sporting goods manufacturing industry is facing a large-scale international sports giant's cancellation.

It is understood that in the U.S. apparel market, active or passive "default" of Chinese clothing (000902, and it shares) has reached 10,000 exporters. Europe and the United States and the textile and garment orders may be reduced by 20%, which would directly reduce China's exports to Europe and the United States for 12.0 billion -150 billion U.S. dollars, China's textile and garment exports accounted for about 8% of the total.

If this trend can not be changed in the short term, China's textile and garment export growth will be down into the channel early next year there may be zero or negative growth.