It’s a big deal for people who love cotton.
As a staple, cotton is the primary source of fiber in the world’s major crops and has been for more than 4,000 years.
The cotton industry is the second-largest in the U.S. and the third-largest worldwide, behind only China and India.
Cotton is so important that it makes up more than half of the U:S.
cotton crop, according to the U., U.K. and Australia.
It’s used for textiles, carpets, clothing and toys.
Cotton comes in a variety of shapes and colors, and it can be dyed and woven into many different products.
Some are made from a plant called the cassava, which is also used for clothing, textiles and even toilet paper.
“You see cotton in everything from toilet paper to baby powder,” said Jeff Davis, a professor at the University of Minnesota’s Carlson School of Business.
“It’s in everything.”
Cotton is also a major source of fuel for modern power plants and factories.
The plant that produces the cotton that powers Canada’s power grid, the Quebec-based TransCanada Corp., produces some of the world is the world leader in cotton, according the company.
“Cotton is a staple crop in Canada,” said spokesman David Loeppen.
“If we’re not making it in Canada, it’s going to go to China, or somewhere else.”
A recent report from the University in Canada found that Canada is the top producer of cotton in the developing world.
“Canada produces more than 70 per cent of all cotton harvested in the global supply chain, and its top-ranked cotton producer is the United States,” the report said.
“The United States accounts for nearly 40 per cent, but China and Japan are the top producers.”
That report found that nearly one in three of all new cotton production in the United Nations countries that use cotton is imported, according with the United Kingdom.
That’s about 7.8 million metric tonnes of cotton that the U of T said could be used to power up to 8,000 power plants.
“When we say the U and the UK, we mean the U S, and the UK,” said Loeppel.
“And then we mean Canada and the United Arab Emirates.”
Loeppe says a major driver of the demand for cotton is China’s growing appetite for American cotton.
“I think there’s a lot of pressure on China to diversify,” he said.
The U.N. estimates that China imports about 50 per cent more cotton than it exports, according.
The World Bank estimates China imports 70 per ct of the cotton it exports every year, meaning that the country could be importing as much as $2.3 billion a year, or about 2.3 million metric tons, of the country’s cotton.
The global demand for the fiber is driven by China’s booming population, and a desire to use the fiber as a substitute for the plastic that’s increasingly used in consumer goods.
“China is a very big market for us, because they can make a lot out of cotton,” said Davis.
“They can also make a ton out of a lot, so there’s an enormous demand.”
China has about two million cotton factories, but they produce less than 10 per cent to 15 per cent in total, according a report released by the UCL Institute for International Development.
That means the cotton industry in China is much smaller than it is in the rest of the developed world.
That has led to a glut of the fibers, which can be exported, said Loomis.
“We’re not going to get the same amount of output from a China factory as we would from a U.B.C. factory,” said Lisa Farr, a spokesperson for the United Steelworkers, the largest U.-S.
“But if we were to sell the fiber we would get a good return on the investment.”
There are some bright spots for cotton in China, including the country is developing a new industrial complex for cotton making.
The Chinese National Cotton Industry Development Council is looking to invest $500 million over the next two years to create the world-class facility in Zhengzhou, and they are expected to start in 2018.
The council is hoping to have the facility up and running by 2022.
“In order to meet the requirements of the future and continue to meet demand for our industry, we have to create a facility that can support an existing, large-scale facility,” said Farr.
She said the Chinese National Industrial Development Organization is also considering a factory to build fiber into other industries.
“As soon as the Chinese Industrial Development Council has a facility, we will certainly consider a facility for the production of fiber,” said Lawrence Yang, the chair of the China Federation of Industry.
“So we’re hoping to get it done in 2022.”
It’s not just China’s industrial