China Invests in Canada’s Textile and Apparel Sector Amidst Trade War

China Invests in Canada's Textile and Apparel Sector Admist Trade War

 As the trade war escalates, promises of a waving white flag seem further and further off for the U.S and China. In the latest news, The Washington Post reported that the U.S government had proposed an increased tariff rate from 10-25% on $200 billion Chinese imports.  So, now China has its sights set on America’s Northern neighbor, Canada.

China Sets Sights on Canada

The Chinese see significant opportunity for investment in the Canadian apparel and textile market. In fact, Apparel Textile Sourcing Canada will bring hundreds of China’s industry leaders to Toronto. Apparel and textile executives are coming ready to do business in this new market through the largest apparel and textile trade show in the country

This trade dispute will be a hot topic for the seminars portion of the show. The seminars presented will range on everything from the impact of artificial intelligence to responsible sourcing, fashion influencers, trends, e-commerce and more. However, rest assured, the effect of the global trade shake-up will be front and center. The keynote speakers at ATS Canada will be leading apparel and textile industry experts in North America. Some of these seminars that will delve into this issue are:

Bob Kirke, Executive Director, Canadian Apparel Federation will cover the “Canadian Trade Policy Update”with the focus on strengthening the global market through relationships and foreign policy. He stresses the importance of China, as they comprise over 40 % of Canadian apparel imports. Kirke will touch base on the U.S.-China trade war impart strategies for Canadian firms in this new frontier of international trade (August 20, 12 p.m. – 1 p.m.).

Julia K. Hughes, President, U.S. Fashion Industry Association (USFIA) Julia will discuss the “United States Trade Policy Update- and the Impact on NAFTA and TPP.”  USFIA is fighting on the front lines of the trade war in Washington, D.C. to stop new and increased tariffs on apparel and footwear imports from China. (August 20, 1 p.m. – 2 p.m.).

Jeff Streader, Global industry veteran, private equity partner. As the former Global COO of Billabong, Chief Supply Chain Officer of Guess, Vice President of VF Corporation and Operating Partner with Marlin Equity, Mr. Streader has seen the industry and supply chain change drastically through the years. His seminar,“The Impact of Artificial Intelligence and Digital Disruption on the Global Supply Chain,” will share insight into the new wave of technologies within the apparel industry and how it affects global trade. (August 20, 11 a.m. to 12 p.m.).

Sun Jiwen, Minister Counsellor, Economic and Commercial Counsellor’s Office of the Embassy of the People’s Republic of China in Canada, will lead a panel discussion on “China’s Changing Role as a Front-runner in the Global Textile and Apparel Supply Chain.”(August 20, 10 a.m. – 11:00 a.m.).

New Trade Frontier for China and Canada

Chinese will also be participating in, “Avenue ATS,” which will showcase the leading apparel brands in China. These brands are looking for partners in the Canadian market to propel them into the global market further. Jason Prescott, CEO of JP Communications, ATSC producer and North America’s leading publisher of B2B wholesale trade platform and manufacturer sourcing platform explain the impact of this. He stated,

“This is an unprecedented opportunity for Canadians to get first dibs on local market rights, with the support of experienced international industry players. Canadians will learn all there is to know about succeeding in the country’s apparel and textile industry and hear about China’s commitment to free trade with Canada and incentives for Canadian brands to work with China and other countries globally.”

Chinese apparel and textile industry executives and exhibitors at ATS Canada will have the opportunity to connect with more than 5,000 expected visitors and 500 exhibitors to the show. The countdown is ON for Toronto, and there is still time to register. Don’t miss out on three days of seminars, fashion, and free match-making services. Apparel Textile Sourcing Canada is a must-attend event, and we look forward to seeing you there.

Author: Christine Duff

Christine wants to live in a world filled with cutting edge fashion, beautiful words and and an endless supply of leather jackets and boots. A product development grad of FIDM, she was the Editor-in-Chief of MODE Magazine where she reignited her love of storytelling. She has diverse experience within the industry with trend research, art direction and styling editorial spreads. She gained her most notable experience working in Los Angeles at the satellite operation for GQ and Vogue Thailand. Christine is passionate about social science and the role it plays in the consumer goods industry and apparel in particular.