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Shoes make the World go round

wa_shoes_china

China currently produces 70% of the world shoe market. Since it’s killing the shoe industry in Europe they are considering some sort of import tariff. No problem said shoe retailers in Europe - we then simply buy them someplace else - like India or Bangladesh. The lesson: it’s hard to protect your economic sphere against dumping - and even harder when the rest of the world lives and works on a very different and cheaper economic scale.

orangeguru (10-18 14:26) | Permalink
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