Coronavirus triggers collapse in garment industry demand, putting jobs in Asia at risk

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Coronavirus triggers collapse in garment industry demand, putting jobs in Asia at risk
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Asia is key for garment manufacturing and many jobs in the region will be at risk in countries like Bangladesh, Cambodia and China that are dependent on the export economy.

"It's been very, very hard dealing with all the emergencies because we've been facing cancellations every day on almost a minute-to-minute basis," said Rubana Huq, president of the Bangladesh Garment Manufacturers & Exporters Association.

Huq expects many more cancellations to come as the industry faces "total uncertainty," she told CNBC on Monday. "My worry is, what is going to happen to so many people — 4.1 million — that are engaged in the garment sector and we are not being able to take care of them properly," she added. Sheto international fashion brands earlier last week, urging them to pay for and receive goods already under production.

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