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    The Euro Depreciated &Nbsp; Shoemaking Enterprises Were Implicated.

    2010/5/31 9:39:00 38

    Depreciation Of Euro Devaluation Shoemaking Enterprises

    The euro shock caused by the European sovereign debt crisis has not only hindered the export of agricultural products, but also helped the molding and footwear industry to a certain extent.


    Yesterday, the director of Bishan footwear office Sun told reporters that this year, the export volume of leather shoes in Bishan is expected to reach US $30 million, of which the EU is the second largest export market besides the US, and Chongqing's leather shoes are mainly exported to Spain and other places.

    "The depreciation of the euro has certain impact on some leather shoes enterprises."


    At present, a countermeasure for leather shoes exporters is that the euro settlement order is "big single small order".


    For the mob of our city, because of the collective enlarging of the market for South America, Africa and ASEAN, the EU market is relatively small this year, and its overall impact on mod is limited.

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