1. Executive Summary China is a country that is developing day by day. China was a country that had problems with growth and struggled economically. It wasn't until the early part of 2001, when China officially maintained a steady growth economically. There are records that would show that China had already achieved and surpassed the government's declared target at seven percent growth; but figures from the Chinese government are often distorted to meet standards due to the governments" involvement in business and the fiscal stimulus program. ...
Jack Morgan, a spokesman for the Arlington, VA based American Apparel Manufacturers Association (AAMA) says, "We've conditioned consumers in the US market to expect value, quality and low, low prices. ... It is suffering from surge of Asian and Central American imports. ... With NAFTA (North American Free Trade Agreement) in effect, US manufacturers, in hoards, have shifted their sewing plants to Mexico, Honduras, Guatemala etc. ...