India bans cotton exportsconfusing everyone, including its government 印度禁止棉花出口所有人都摸不着头脑,印政府也不例外 WHEN Mahatma Gandhi began spinning Indian cotton on a wheel in 1918, it symbolised hisdesire for national self-sufficiency. 1918年,圣雄甘地开始亲手纺织土布,喻以期望印度自立自强。 Too much of the fibre was exported to Japan and Britain, on exploitative terms, he felt. 他认为印度棉花多以极廉之价出口日本和英国,是对印度的伤害。 Almost a century on, India s cotton industry is still integrated with global production chains. 现如今近一个世纪过去了,印度的棉花种植业仍旧整合在全球供应链上。 Thus a decision on March 5th by the country s commerce ministry to ban exports sentmarkets around the world into a tizz. 而3月5日印度商务部禁止棉花出口的决定令全球市场困惑不已。 Derivative prices leapt on New York s trading floors. 纽交所相关衍生品的价格一飞冲天。 Panicky Y-front makers the world over worried if their contracts were void. 全世界的内衣制造商们都忧心重重,担心他们的合同是否失效。 |