Chinese Footwear Manufacturers Exploring New Markets
China Footwear Industry is witnessing huge growth on the back of increasing domestic demand and shift from developed to emerging nations. Factors such as, increasing number of trade protectionist measures, the Yuan's appreciation and unstable financial situation in the EU and the US have directed many Chinese companies to promote sales in new markets such as the Middle East and ASEAN countries. These emerging markets are exhibiting significant growth potential for China in near future.
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