We’ve seen factories that have been built in the U.S. and Japan but never in China.
Now we’re seeing factories in India, Bangladesh, and China.
The world is now the third-largest consumer of apparel and textile in the world after China and the U: A new report from McKinsey says the number of garments that are manufactured in each country has grown by more than 10 percent per year, or about 1.6 billion garments annually.
The U.K.-based company has done a detailed analysis of the clothing industry and concluded that the U is the most polluted place on Earth.
McKinsey’s analysis of data from the Uppsala Convention on Climate Change found that in 2020, China was responsible for over half of all apparel emissions.
China also accounts for a large portion of the world’s production of polyester and other synthetic fibers.
The company said that this makes China a prime source of sweatshop labor in the garment industry.
The McKinsey report found that nearly two-thirds of all garments in the apparel industry in the United States were made in China in 2020.
The McKinsey analysis found that the textile sector in the country accounts for about half of the country’s total manufacturing output, accounting for almost $3.6 trillion in goods annually.
McKinley noted that China has a large share of the apparel market, with over two-fifths of the global market for apparel.
The report also found that a third of the garment factories in China are in factories that are being operated under contract.
The study noted that many of the factories are run under contract to third parties.
The study also noted that the Chinese government’s goal of lowering its emissions by 20 percent by 2020 is not happening.
The number of new factories and the number that are in operation is growing.
We need to get to the point where it is a matter of no more than a few factories a year that are producing clothing and other clothing-related products,” McKinsey said.
McKin, a private equity firm, is one of several analysts that have warned that the rise in factory closures and the shift to cheaper labor are making China the third largest producer of apparel in the global supply chain, with a share of global apparel output now at about two-and-a-half percent.
While McKinsey has found that China’s apparel sector has grown faster than the rest of the developing world, McKinsey noted that other indicators are also pointing to China’s dominance in the clothing supply chain.
China now accounts for nearly 40 percent of the total apparel production in the entire world.
In 2020, about 3.7 billion pieces of clothing were produced in China and more than $3 trillion in global apparel sales were generated in the first nine months of this year.
This is an increase of more than 80 percent from the previous year, McKinley found.
The report comes as the U, the United Kingdom, and France have called on their Asian and African partners to adopt new policies to fight climate change and tackle the problem.
This week, the leaders of the European Union and China will hold a meeting to discuss ways to help the global economy combat climate change.