Last Updated: October 15, 2026

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  • Tag: Middle East turmoil

    Middle East turmoil, soaring material costs push China’s textile sector to the brink

    Beijing: Textile manufacturers across eastern China, particularly in Zhejiang province, are grappling with an intensifying crisis as soaring raw material prices coincide with shrinking demand, pushing many factories toward possible closure, as reported by The Epoch Times. According to The Epoch Times, the cost of essential textile inputs has surged dramatically in recent weeks, doubling.