Doing Business in Both Markets: Dubai and China

I is the winter at this moment;.coid and mist are the two themes of this season. The earth is stillfrozen in spite of a little warm from the winter sunshine. In the past 2009， China's textile andapparel industry experienced that winter with freezing cold. In the first half of 2009， China's textileand apparel industry was affected by the global financial crisisdeeply. Nevertheless， it emerged a positive turning point inMay. 2009. But the world economic climate is still unclearright now. At the end of 2009， Dubai's debt crisis gave asignal that uncertain regional influence may cause negativeor unclear trend for the whole global industries and economicorganizations. China has a close trade relationship with theUnited Arab Emirates. According to the latest statistics fromChina's National Textile and Apparel Council， China's exportof knit textiles {Knit clothing excluded) from Jan. to Nov.2009 between China and United Arab Emirates is 93，063，668USD， which placed first at China-Middle East (13Countries) trade table (on Paue 33).