South Africa is unlikely to extend restrictions on Chinese textile imports beyond December 2008, when they are due to expire. "We don't have any applications from anyone (to extend the quotas) ... and so my expectation is that if we don't get any, they will expire," Tshediso Matona, director general in the Department of Trade and Industry, said yesterday. - Reuters
South Africa is unlikely to extend restrictions on Chinese textile imports beyond December 2008, when they are due to expire. "We don't have any applications from anyone (to extend the quotas) ... and so my expectation is that if we don't get any, they will expire," Tshediso Matona, director general in the Department of Trade and Industry, said yesterday. - Reuters