Shoe exports fall
Chinese shoe exports started to decline in volume at the beginning of last year, however, the value fell for the first time in February.
Chinese shoe exports fell 26.3% in volume and 21.8% in value in February. Exports for the first two months were down 9.7% in volume to 1.2 billion pairs, and 2.4% in value to $4.1 billion.
The biggest decline registered was for leather shoes, with a decline of 33.9% in volume terms and 23.9% in value in February. Exports for the first two months saw a decline of 22.7% in volume to 150 million pairs and 22.7% in value to $1.4 billion.