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EU investigates shoe exports

06 Oct '07
1 min read

EU has formally started an investigation on Chinese shoes export to EU via Macao. It is another serious threat for Chinese shoes export after the anti-dumping taxes levied on them.

It is learned, that some Chinese shoes enterprises in order to avoid the anti-dumping measures, transport their products to the third country and after the processing these products are exported to the EU.

Thus, EU Government has passed a law that if Chinese shoes enterprises are found guilty of exporting via Macao, they will be burdened with anti-dumping taxes and the current anti-dumping measures will be prolonged.

Experts believe that the losses incurred from this investigation would be quite high, so the involved Chinese shoes enterprises must present a strong case.

Fibre2fashion News Desk - China

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