Xinjiang cotton has become a striking example of the benefits and hazards of globalization as a business model. The Chinese trade publication Cotton China reported this month that domestic textile manufacturers were being asked frequently by U.S. buyers whether they used Xinjiang cotton, with some customers requiring imported cotton. ADADThe U.S. cotton industry — the third-largest by output after India and China — has been a beneficiary. Subsidies were so successful in shifting the nation’s cotton industry inland that last year, almost 85 percent of China’s cotton was grown in Xinjiang, according to official figures. Besides cotton, XPCC has substantial fruit, dairy and other agricultural businesses.

Source: Washington Post August 22, 2020 10:06 UTC