Big fall in China’s footwear export revenues in first two months

22/03/2016
Big fall in China’s footwear export revenues in first two months
Chinese customs authorities have said footwear manufacturers in the country brought in just over $8 billion in shoe exports in the first two months of 2016.

This figure represents a decline of 17.3% compared to the first two months of 2015.

The China Leather Industry Association said on reporting the figures that the fall in export values was because rising labour costs and sluggish demand in export markets.