China: export values still down on last year
24/09/2009
The China Leather Industries Association (CLIA) has reported that the value of the sector's exports (including footwear) for the month of July fell by 10% compared to July 2008.
The industry organisation pointed out, however, that the pace of year-on-year decline is now slowing, having reduced by 0.8% from the previous month.
Export for semi-finished leather recorded substantial growth, CLIA said.
The total value of industry exports for the first seven months of 2009 was $22.1 billion, a drop of 7.5% compared to last year.
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