Footwear factories spill across the Russian border as China spends millions
20/08/2007
As Chinese footwear manufacturers look for ways round the European Commission's anti-dumping measures on imports of leather shoes, more and more of them are moving production to other countries.
As part of this trend, Wenzhou-based manufacturer Kangnai has announced that it will build a new factory in the Russian city of Ussuriysk, about 100 kilometres from Vladivostok and close to the border with north-eastern China.
As part of this trend, Wenzhou-based manufacturer Kangnai has announced that it will build a new factory in the Russian city of Ussuriysk, about 100 kilometres from Vladivostok and close to the border with north-eastern China.
Vice president of Kangnai, Zheng Lai Li, said the new facility would cover 2.28 million square-metres and that his company's investment in the venture would reach a total of $260 million over five years.
So far six Chinese enterprises are already present in and around Ussuriysk; four of these are in the footwear sector.
So far six Chinese enterprises are already present in and around Ussuriysk; four of these are in the footwear sector.
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