Malaysian exhibitors make a strong pitch at world´s largest home-textile fair in Frankfurt
Last update: 11/01/2019
By Manik Mehta
FRANKFURT, Jan 11 (Bernama) -- Three Malaysian companies are making a strong pitch at Frankfurt’s four-day home-textile trade fair – Heimtextil 2019 – which ends Saturday, for Malaysian home-textile products.
One of the consequences of the ongoing US-China trade war is that many Western companies, unnerved by Chinese retaliatory measures and the prospect of Chinese products facing hurdles in the U.S., are now looking for alternative sites to manufacture or assemble their products meant for export to the U.S. and other Western markets.
Foreign businesspeople also lament that China’s laws do not provide adequate protection to intellectual property rights of foreign companies.
Malaysia has been catapulted to the status of a potential destination that, besides attracting investment, could also be used as an export and distribution hub for a number of products, including textiles, apparel and accessories. .....