A Fresh Look at the U.S./Chinese Textile and Apparel Supply Chain Question

William Douglas Cooper

Abstract


During the last decade of the 20th and first decade of the 21st century the economies of the United States and China became “joined-at-the-hip” in a manner that, while beneficial to both at the time, today is potentially dangerous to global financial stability and unsustainable for the future. This condition, called the Triffin Dilemma, requires a rebalancing of the U.S./Chinese economies one-to-the-other. This action brings into focus the rapid growth of technology, the resulting effects on labor employment and the distribution of wealth, and the need to incorporate these issues in a joint U.S./Chinese optimization process. A player in the rebalancing process will be the textile and apparel industries of the U.S. and China. This economic rebalancing from the view of U.S. and Chinese textile and apparel product supply chains is the focus of this paper.

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