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Given the country’s massive population, Kalish said as a consumer market, China is “at the threshold of becoming quite important. It has been growing rapidly.”
In today’s cutthroat apparel industry, where executives fight over each nickel of cost in a garment, the birth of a significant middle class in a country is often a harbinger of the exit of U.S. importers — Mauritius, for instance, has recently weathered an exodus of manufacturers.
But considering the continuing flood of people out of rural farming districts and into cities, Kalish said China faces no shortage of low-cost workers. He said, “There’s at least another 20 years of significant apparel manufacturing in China.”