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Sichuan Earthquake Threatens Leather Enterprises
Chengdu, May 12, 2008, earthquake occurred in Wenchuan, Sichuan. In May 12th, Chengdu felt strong. According to the national seismic network, at 14:28 on May 12th in Beijing, a magnitude 7.6 earthquake occurred in Wenchuan County, Sichuan. This is a real earthquake. The leather industry has just had a profound earthquake. The internal contradictions in leather industry, the adjustment of state policies, the appreciation of Renminbi, the implementation of the new labor law and so on have triggered an "earthquake" in China's leather industry. The earthquake caused by the industry policy has led most domestic leather enterprises to invest in the West. And the earthquake that occurred in Sichuan did not know whether it would bring heavy disaster to the shoe and leather enterprises transferred?
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