EU Anti-Dumping Measures On Chinese Shoes Expire In March

With the appreciation of the renminbi, labor and raw materials and other costs continue to rise, China's export shoe enterprises The cost pressure encountered is increasing. Shoe companies have just received the latest information. The EU's anti-dumping lawsuit against Chinese shoe companies began in 2005. After six years of tug of war, it is expected to end in March this year. Once cancelled, up to 16.5%. Anti-dumping duty For many exports European Union China's leather shoes business is undoubtedly good news.

　　 Or will ease the cost pressure of enterprises

Wu Zhenchang, the chairman of the European Union's anti dumping response to China's footwear products alliance and chairman of the Chong Chuang Xin shoes industry, told reporters 13 days ago that they had just heard from the EU attorney's office that the EU footwear industry association has not yet filed an anti-dumping review petition with the European Commission, which means that after continuous efforts, the EU's anti-dumping measures will automatically stop the EU anti-dumping measures in March.

"If we get rid of these 16.5% anti-dumping duties, it will help our enterprises to export to Europe, but the pressure on global exports is still facing cost pressure. The pressure of RMB appreciation at least 3% this year should not be able to run, and labor costs, raw material prices and so on are also rising." Wu Zhenchang said, "although orders are increasing, it is difficult to raise prices and profits will continue to slide."

At present, domestic shoe enterprises export orders are good, many enterprises are rushing to produce before the Spring Festival, generally not yet. Some factories are worried about staff turnover after the Spring Festival. A shoe company chief told reporters that orders were numerous and a little busy. During the Spring Festival, they only had three days' leave. Now the average monthly salary of ordinary workers is two thousand or three thousand yuan, up 50% from the second half of 2010. After the Spring Festival, workers' wages may be further improved, and the fluctuation of RMB exchange rate will increase the cost pressure of enterprises.

　 Some countries are preparing for a review.

Many Chinese leather shoes exporting enterprises in Europe expect to get rid of 16.5% of the anti-dumping duty in March this year, so as to reduce export pressure. However, there is no definite information about whether or not it is possible. Reporters yesterday confirmed to the officials of the Chinese Ministry of commerce that the other side replied that they had not received the official document of the European Union ending the review of Chinese leather shoes for the time being.

In addition, as China's anti-dumping measures on leather shoes will expire, some old shoe makers such as Spain and Spain have begun active activities in the review of complaints. Recently, the footwear manufacturers association once again complained to the European Commission about unfair competition from Asian footwear manufacturers, asking the government to continue the existing anti-dumping duties to ease the imbalance in the market.