Peruvian textile industry vs the chinese industry in the global market

In the last years Peru's image on the global market has been changing for better, however the country has not reached still a competitive level on its manufacture activities. Under this scenario industries such as textile plays a key role inside Peru's economy. Nevertheless the country must face a strong competitor on this industry: China. The giant Asiatic has developed the biggest textile industry in the global market, in which its textile and clothings exports account for 24% of world's total textile exchanges, replacing more exports of developing countries like Peru. In this context, the following research document pretends to provide the most critical and current elements inside Peru's textile industry structure, the ones that are necessary to improve, change or implement, in order to reach a better international competitive position against the advance of Chinese textile industry and be more attractive for foreign investors.