The apparel industry has been a rare example of declining exports for China. Exports of the top 50 apparel and footwear product categories fell 14% in the past year vs. three years earlier. Reduced shipments of dresses/skirts (knit-type material) cut $9 billion from exports alone, with sales of jerseys/pullovers having fallen 20% and sports shoes by 17%. U.S. trade data shows the primary culprit has been Vietnam. Over the past five years Vietnamese exports to the U.S. of apparel and footwear grew 13% annually to reach 13% of the total. Imports from China meanwhile fell 3% annually as buy...