CAIRO -- In the dusty desert between the Egyptian cities of Cairo and Alexandria, workers are putting finishing touches on a sprawling industrial park intended to house almost 600 Chinese textile and apparel factories.
The China-Egypt Mankai Textile Park in Sadat City would potentially give Chinese companies a base from which to export clothes duty-free into the U.S. and EU, an attractive prospect given rising American tariffs on Chinese imports and increased domestic production costs.
