A bumpy yet promising road ahead for China footwear industry
...Bumpy Road Ahead
Figures show the number of shoe making factories on the mainland increased from 20,000 to more than 30,000 between 2002 and 2006, but orders were much slower, leading to an irrational price war, experts said
Industry newcomers, most of them SMEs, were further hit by an unfavorable marketing environment that included the...
