Pakistan hopes to benefit from the US-China trade war. If businessmen from China bring fabrics to Pakistan for making finished products, and export those to the US, then they will not only able to maintain their client base but Pakistan will also benefit. Turning fabrics into finished products needs resources like manpower, machinery and factory premises. And Pakistan have all these.
Enabling Chinese textile exports this way will give a boost to Pakistan’s exports and deal with the balance of payments situation. When Chinese businessmen carry out their exports jointly with Pakistan, making use of the raw materials as well as Pakistan’s human resources, it will add to the earnings of Pakistan.
Pakistan is the fourth largest producer of cotton across the globe. Textile products have a 60 per cent share in Pakistan’s exports. The textile industry contributes almost a fourth to industrial value addition and employs 40 per cent of the country’s industrial labor force.
Also China is helping Pakistan's spinning mills become more cost efficient and competitive. Almost 80 per cent of the yarn and other textile products will be re-exported to China for value addition to sell the finished goods at better prices in the international market.
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