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Improving the Economic Decision-Making Capability and Viability of Chinese Wool Textile Mills AgEcon
Brown, Colin G.; Waldron, Scott A.; Longworth, John W.; Zhao, Y..
The successful restructuring of Chinese industries is of immense importance not only for the continued development of China but also to the stability of the world economy. The transformation of the Chinese wool textile industry illustrates well the many problems and pressures currently facing most Chinese industries. The Chinese wool textile industry has undergone major upheaval and restructuring in its drive to modernize and take advantage of developments in world textile markets. Macro level ownership and administrative reforms are well advanced as is the uptake of new technology and equipment. However, the changing market and institutional environment also demands an increasing level of sophistication in mill management decisions including product...
Tipo: Conference Paper or Presentation Palavras-chave: China; Wool textile mills; Industry transition; Decision-making models; Agribusiness; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/25696
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