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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 442.03-2.6%Feb 5 4:00 PM EST
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To: maceng2 who wrote (37746)7/30/2008 1:22:25 PM
From: elmatador  Read Replies (1) of 220056
 
"members by the Asia FOOTWEAR Association in Hong Kong found earlier this year that many Chinese shoemakers were understaffed, some by as much as 60 percent. Newly built plants in Dongguan are idle for lack of workers, says Percy Lan, an entrepreneur who publishes a FOOTWEAR industry magazine. He says the industry employs around 1 million laborers in Dongguan, but needs 100,000 more."
Message 22405163

this one reason why China can't runaway with the footwear market. China is a the shop floor of the world. For boots you need leather, Brazil is the biggest exporter of beef thus, produces a lot of leather.
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