Speculation prior to the termination of the multi-fibre arrangement (MFA) at the end of 2004 had been that large increases of Chinese exports would ensue, and at the expense of other Asian suppliers. Using data from the US, EU, Chinese and other sources, the picture that emerges is only small impacts on aggregate US and EU imports of clothing and textiles, and equally only small impacts on aggregate Chinese exports of clothing and textiles.
BERLIN - The world needs to make globalisation work, and a global forum of 20 heads of government from important industrial and developing countries would be best suited to do so, says Paul Martin, Canada's prime minister until six months ago.
There were a few snickers when Waterloo Mayor Herb Epp dubbed the city the "new centre of the universe" in a speech in January.
What a difference a decade makes.
"Split Images Review by Literary Review of Canada"