Chinese Shoe Companies Are Expected To "Get Away From" EU Shoe Anti-Dumping Lawsuit.
On January 14th, China's exports increased in the appreciation of RMB, labor and raw materials and other costs.
Shoe enterprises
Cost pressures are mounting.
Shoe companies have just received the latest information. The EU's anti-dumping lawsuit against Chinese shoes began in 2005, after six years of trial, and is expected to end in March this year.
Once the anti-dumping duty of up to 16.5% is cancelled, the Chinese skin will be exported to many EU countries.
Shoe enterprises
Industry is undoubtedly good news.
"The EU's anti dumping alliance against China shoe products" sponsors, Guangzhou Chuangxin
footwear industry
Wu Zhenchang, chairman of the board, said in an interview yesterday that the European Union's footwear industry association has not yet filed an anti-dumping review petition with the European Commission, which means that after continuous efforts, the EU anti-dumping measures will automatically stop after the expiry of this March.
"If we get rid of these 16.5% anti-dumping duties, it will help our enterprises to export to Europe. However, the pressure on global exports is still facing cost pressure. The pressure of RMB appreciation at least 3% this year should be unable to run, and labor costs and raw material prices are also rising."
Wu Zhenchang said, "although orders are increasing, it is difficult to raise prices and profits will continue to slide."
At present, the Pearl River Delta shoe manufacturers export orders are good, many companies are rushing ahead of the Spring Festival to produce the shipment, generally not yet.
Some factories are worried about the loss of employees after the year.
A shoe factory manager in Dongguan told reporters that orders were numerous and a little busy. During the Spring Festival, only three days' vacation was allowed. Now the average monthly salary of workers is two thousand or three thousand yuan, up from 50% in the second half of 2010. After the Spring Festival, the wages of workers are likely to further improve. Now prices are rising. It is estimated that some foreign workers may not return after that. Only by increasing wages can foreign migrant workers be retained, but the profits of enterprises are getting thinner and thinner, with little money earned, and the fluctuation of RMB exchange rate and the pressure of enterprise cost increase.
Many Chinese leather shoes enterprises exporting to Europe expect to get rid of 16.5% of the anti-dumping duty in March this year, so as to reduce export pressure.
However, there is no definite information about whether or not it is possible.
Yesterday, the government confirmed to the relevant government officials of the Chinese Ministry of Commerce. The other side replied that it had not received the official document of the European Union ending the review of Chinese leather shoes for the time being.
In addition, there are external reports that with the anti-dumping measures of China leather shoes will expire, some veteran shoe makers such as Italy and Spain have begun active activities in the review of complaints.
Recently, the Italy Footwear Manufacturers Association (ANCI) once again complained to the European Commission about unfair competition from Asian footwear manufacturers, asking the government to continue the existing anti-dumping duties to ease the imbalance in the market.
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